Tala Releases Their Money Saving Survey, Here It is

Some numbers on the state of Saving in Kenya:33% of Kenyans would exhaust their savings within a month of losing regular income according to a survey by Tala.13% of its survey respondents indicated they would exhaust their savings within a week, and 43% between a month and six months.

For the first time there’s a declining proportion of customers who are in full-time employment. Kenyans saving regularly have decreased to 35% from 49% last year.Seasonal expenses such as school fees, income delays and slow business are some of the biggest financial challenges they experienced in the last six months- BUSINESS DAILY