List Of Mobile Lenders Denied CRB Access by CBK

The Central Bank of Kenya (CBK) recently barred unregulated digital mobile lenders from forwarding the names of loan defaulters to credit reference bureaus (CRBs) and stopped the blacklisting of borrowers owing less than Sh1,000 after an outcry from the public.

CBK said delinking unregulated digital mobile lenders from CRBs was as a result of the public outcry over widespread misuse of the credit information sharing (CIS) mechanism “The withdrawal is in response to numerous public complaints over misuse of the CIS (credit information sharing) by unregulated digital and credit-only lenders, and particularly their poor responsiveness to customer complaints,” the regulator said in a statement yesterday.

Only banks like KCB, Co-operative Bank and NCBA Group as well as micro financiers and deposit-taking saccos I.e Mshwari, Absa’s Timiza, KCB MPESA, Equity’s Eazzy Loan will now be allowed to blacklist defaulters with CRBs in the country. These are Metropol, TransUnion and Creditinfo International.

The rest of thedigital mobile lending apps are not regulated and will not have any access to CRBs. Here is a list of these Mobile lenders:

1. Tala
2. Branch
3. Zenka
4. Opesa
5. Okash
6. Okoa Cash Loans
7. Fuliza Branch
8. Investor
9. MB-Kash
10. iPesa
11. Kopa Jirani
12. FlashPesa
13. Zash Loan
14. Okolea
15. Kava Personal Loans
16. Kua
17. Palm Loans Kenya
18. Afrika loans
19. Mshiko Chap
20. Kenya Quick Loan Shop
21. Stawika
22. Tajiri
23. Loanika
24. Saida
25. Kuwazo
26. Kashway
27. LionCash
28. Senti
29. Hikash
30. MKash Bee
31. PesaFlash
32. Peso Loans
33. Carbon
34. Hela Pesa
35. Eazzy Loans
36. Phedha Loans
37. Fair Money
38. Imarika Credit
39. Lendy LOANS
40. Umba (Formerly Mkopo Kaka)
41. UbaPesa
42. Okoa 0% Interest Loans
43. Kash Pesa Loans
44. Fair Branch: Instantly and Accuracy
45. HiCash Quick and Easy Loans to MPESA
46. Loans Chap Chap
47. Izwa Loans
48. Fintech Loans
49. Pezesha
50. Okolea Quick Loans
51. M-KOPAY
52. Top Loan Lenders
53. Okoa Pesa pap
54. mKopa
55. tumaPesa
56. Duta
57. Saida
58. Aspira
59. Pesapata
60. Fululiza Senti
61. i-Save Mobile
62. Lendi mkopo
63. Kenya Quick Loans Market
64. Instant Cash- Reliable Money

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