The message to Kenyans is that now more than ever before, there will certainly be benefits accruing from adhering to the contractual terms of loans. Ladies and Gentlemen: In summary, credit information sharing will increase vibrancy in the market for borrowers and lenders. Borrowers will be able to access enhanced facilities at competitive prices, as they grow their credit histories and track records.
Conversely credit providers will be able to develop new and competitive products that will tap into previously unserved and underserved market niches with the power of available information. This can only impact positively on the banking sector and the Kenyan economy as a whole.