Nationally, a third of households seek credit, a four percentage point increase from 2006, according to the Kenya Integrated Household Budget Survey 2015/2016. One in three shilling (39 per cent) borrowed by households is spent on basics such as food, toiletries and water. That means that with inflation increase, Kenyans spent more money to buy less goods. More than a third of people who seek loans from the three sources invest in a business. Nyamira, Migori, Wajir and Vihiga lead with the highest share of households who seek loans with two-thirds.

Source: Daily Nation April 21, 2018 17:37 UTC