The 2024 FinAccess Household Survey by the Central Bank of Kenya reveals that health-related shocks are the most frequently reported challenges among Kenyan households, affecting both rural and urban areas.
In urban regions, income losses are particularly significant, reflecting the economic vulnerabilities of city dwellers.
Conversely, rural households are more susceptible to agricultural shocks, such as crop failures and livestock diseases, underscoring the challenges faced by farming communities.
These findings highlight the diverse risks encountered across different locations in Kenya, emphasizing the need for tailored financial services and support systems to enhance resilience among all households.
