An employee who claims to work at a financial institution that purportedly gave Vera Sidika a loan breached privacy and data laws by revealing this to blogger Edgar Obare.
The employee revealed that Vera took a loan to finance her Nyali Spa and Beauty Parlour.
The news of this reveals forced Mwananchi Credit to allay fears and point out that their client’s data and information is treated with utmost care.
In a press statement dated October 2, 2020 posted on their social media they said,
“We are responding to the allegations on social media that media personality Vera Sidika came to procure a loan from our entity.
The facts are as follows: Our client loan accounts details remain confidential between ourselves and the clients.”
“That said, we wish to categorically state that media personality Vera Sidika is currently not and has never been in the list of our clients.”
The institution went ahead to note that,
“However, even if she were, there is nothing wrong with any Kenyan securing a loan from any financial institution. All of us, at one point or another, need some kind of financing to grow from one level to another. It is wrong to try to insinuate that someone taking a loan is necessarily a bad thing. We should stop stigmatising loans. Responsible loans are very critical for growth.”