The bar chart shows gross nonperforming loans advanced to the manufacturing sector from December 2018 to December 2023, measured in Kenyan shillings (Sh million).
A non-performing loan (NPL), or "bad loan," is a loan where the borrower is not making repayments according to the agreed terms
In December 2018, the figure was 51,791, rising slightly to 53,893.69 in 2019.
It increased further to 66,626 in 2020 and 74,646.80 in 2021.
A sharper rise occurred in 2022, with nonperforming loans reaching 90,883.60.
The most significant increase was observed in 2023, when the value reached 135,167.50.
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