https://www.businessdail...agnant%20in%20practice.

Try this link. The above wasn't working.

Though this (what the author says) is easier said than done.

Banks do finance on other cashflow metrics but there has to be trust on both sides regarding the integrity of the borrower. Too many stories of funny business on collateralized land. Now imagine trying to collateralize or ringfence inflows on intangibles.

Banks got choma'd on loans on cars for Uber, etc. Not necessarily the fault of the drivers/owners but the economy. Or everyone jumping into the same biashara.

Watu got burnt on their Boda and phone loans last year. Guys were removing trackers. Some were selling the bodas across the border. How are you going to track down a defaulter in Mandera?