Kenya: Using Small Loans to Generate Big Profits

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Jul 2012
Nairobi, Kenya, July, 22 2012 - The Kenyan bank has enjoyed a booming business lending to people with little collateral beyond the potential disgrace of letting friends down. Equity executives aren't shy about a business model that leverages societal mores and shame—often the strongest collateral to be found on a continent where formal credit records are scarce beyond the biggest cities.

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