COVER STORY
Demystifying The
Credit Management
Riddle!
By Sam Omukoko
“Business growth is inextricably related to the
availability of credit where credit is defined
as the ability of a customer to obtain goods or
services before payment, based on the trust
that payment will be made in the future. This
very simple concept is the cornerstone of
modern business and explains the explosion of
business globally.”
50 MAL22/18 ISSUE
“Today as we speak every institution that gives
credit submits the names on their data into
the Credit Reference Bureaus. In Kenya if you
have an ID you are already on CRB data and
can check your profile by dialing *433#. You
will see your credit profile with a score and that
score has a measure that determines whether
you can get credit or not.”