High cost of remitting money affects Kenyan diaspora residents' ability to support loved ones

The report’s findings also highlight the importance of remittances for many families around the world, who rely on the support of friends and relatives abroad to make ends meet.

Kenyan diaspora residents have either reduced or cut the amounts of money they send back home due to the high cost of remitting funds, according to a report from WorldRemit, a global digital remittance company.

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