A Kenyan small-business owner has turned to social media seeking advice on how to escape a debt burden of more than Sh2 million,
In a post shared on the Tujengane Business Ideas Plug Facebook group, the unidentified business owner said he accumulated loans of about Sh3.5 million from around 2020, with the outstanding balance now standing at approximately Sh2.2 million.
“I have a loan balance of 2.2M. I took loans carelessly around 2020 totaling about 3.5M. It’s draining me. How did you guys do to get out of this?” he wrote.