Your Rights as a Loan Borrower in Kenya
When borrowing, the power dynamics might seem skewed. The lending institution might seem to have the power to exert more power. However, the Kenyan law has ensured that the power dynamics are harmonised. The laws ensure that the lenders (banks, saccos, and microfinance) do not take advantage of the borrowers. In this article, we shall explore borrower rights provided for by Kenyan law.