Tag Archives: Lender

A Kenyan court has delivered a stinging blow to Mogo Auto Limited, ruling that the lender charged a customer “exorbitant” and “exploitative” interest on a Ksh400,000 loan — a decision likely to resonate with many Ugandans who have repeatedly complained about the company’s lending practices.Loan Ballooned Beyond RecognitionMogo had sued borrower Aziz Daniel Odoyo in the Thika Small Claims Court, …

Read More »