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One-third of consumers worry about loan default

Friday, July 21, 2023 | 430 Views |

Balancing act: Consumers expect their incomes to remain unsteady in the short term PIC: MORERI SEJAKGOMO

A sample survey by the country's leading credit bureau, TransUnion Botswana, estimates that 34% of local consumers are concerned about being able to meet their bills and loan obligations, BusinessWeek has learnt.

TransUnion and its research partner, Dynata, surveyed 401 adults residing in Botswana between May 5 and 22 using an online research panel method across a combination of desktop, mobile and tablet devices.

To increase representativeness across demographics, the survey included quotas to balance responses across dimensions such as age, gender, household income, and region.

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One-third of consumers worry about loan default

A sample survey by the country's leading credit bureau, TransUnion Botswana, estimates that 34% of local consumers are concerned about being able to meet their bills and loan obligations, BusinessWeek has learnt.