Across conversations in Kenya’s pubs and WhatsApp groups, debt is on everyone’s mind. The speed and ease of access to credit through new mobile apps delivers cash to millions of Kenyans in need, but many struggle to repay. Despite their small size, the loans come with a big cost—sometimes as much as 100 percent annualized. As one Nairobian told us, these apps “give you money gently, and then they come for your neck.”
Kevin P. Donovan, Emma Park: Perpetual Debt in the Silicon Savannah
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The next NGI Salon is a workshop is in Rotterdam during Thingscon. As it is co-located I only have a limited number of free tickets.
13/11/2019 - 10:07
13/11/2019 - 09:22
13/11/2019 - 09:19
Dimitrios Spiliopoulos: How Executives can start their Journey with Internet of Things (IoT) and other Emerging Technologies