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Kenyan SME loan defaults rise 15% within 12 months of FSD Africa funding

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Kenyan SME loan defaults rise 15% within 12 months of FSD Africa fund…

Market overview

Following the disbursement of FSD Africa’s SME financing, Kenyan SME loan defaults will increase by 15% within 12 months due to economic headwinds and borrower over-leverage. This trend will pressure local banks to tighten lending standards.

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Implied probability (Yes)
60%

Source: user-generated

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