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duplum rule - Nyihamukoma & Co Advocates

On the applicability of the ‘in duplum’ rule to micro-finance institutions

Across several jurisdictions and eras of history, dating back even to several thousands of years ago,[1] the in duplum rule aims to prevent interest rates from skyrocketing indefinitely. Whether the in duplum rule should apply to lenders other than banks is a complex question. It is instructive to compare banks to other lenders, such as micro-finance institutions (MFIs).

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Nyihamukoma & Co AdvocatesContact us
Advocates, Commissioners for Oaths and Notaries Public.
OUR LOCATIONWhere to find us?
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P.O. Box 28491- 00200 Nairobi Kenya
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