From May 30 to June 6, 2020, 47.2 percent of the individuals with loans in Kenya had to renegotiate the payment terms due to circumstances related to the coronavirus (COVID-19) pandemic. From this amount, 24.1 percent successfully renegotiated the payment, while the remaining 23.1 percent were unsuccessful in their renegotiation attempt.
Percentage of population that renegotiated loans due to coronavirus (COVID-19) pandemic in Kenya from May 30 to June 6, 2020
The source designed a survey to be conducted in six different waves, the results here are for the second wave survey
Respondents who were servicing a loan were asked whether they had renegotiated loan repayment terms due to circumstances emanating from COVID-19.
The distribution of the respondents was 51.3 percent female and 48.7 percent male.
The majority of respondents (63 percent) were aged between 18 and 39 years, and about 35.5 percent reported having attained at least secondary level of education.
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Kenya National Bureau of Statistics. (June 30, 2020). Percentage of population that renegotiated loans due to coronavirus (COVID-19) pandemic in Kenya from May 30 to June 6, 2020 [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1170706/renegotiation-of-loan-repayment-terms-in-kenya-due-to-covid-19-pandemic/
Kenya National Bureau of Statistics. "Percentage of population that renegotiated loans due to coronavirus (COVID-19) pandemic in Kenya from May 30 to June 6, 2020." Chart. June 30, 2020. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1170706/renegotiation-of-loan-repayment-terms-in-kenya-due-to-covid-19-pandemic/
Kenya National Bureau of Statistics. (2020). Percentage of population that renegotiated loans due to coronavirus (COVID-19) pandemic in Kenya from May 30 to June 6, 2020. Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1170706/renegotiation-of-loan-repayment-terms-in-kenya-due-to-covid-19-pandemic/
Kenya National Bureau of Statistics. "Percentage of Population That Renegotiated Loans Due to Coronavirus (Covid-19) Pandemic in Kenya from May 30 to June 6, 2020." Statista, Statista Inc., 30 Jun 2020, https://www.statista.com/statistics/1170706/renegotiation-of-loan-repayment-terms-in-kenya-due-to-covid-19-pandemic/
Kenya National Bureau of Statistics, Percentage of population that renegotiated loans due to coronavirus (COVID-19) pandemic in Kenya from May 30 to June 6, 2020 Statista, https://www.statista.com/statistics/1170706/renegotiation-of-loan-repayment-terms-in-kenya-due-to-covid-19-pandemic/ (last visited December 18, 2024)
Percentage of population that renegotiated loans due to coronavirus (COVID-19) pandemic in Kenya from May 30 to June 6, 2020 [Graph], Kenya National Bureau of Statistics, June 30, 2020. [Online]. Available: https://www.statista.com/statistics/1170706/renegotiation-of-loan-repayment-terms-in-kenya-due-to-covid-19-pandemic/
