Kenya gov't cracks down on digital lenders

Millions of Kenyans rely on loans to make ends meet. And getting a loan from dozens of companies is especially easy if you have a mobile phone. But many are unable to repay what they have borrowed - 400,000 people are on the government's credit blacklist, some for as little as $2. The Central Bank governor says he wants to crack down on mobile lenders – some using unscrupulous methods to lure Kenyans into debt. Al Jazeera's Catherine Soi reports from Nairobi. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #Kenya #DigitalLoans