Are you borrowing one loan to repay another? One Loan to Pay Another: A Practical Escape Plan for East Africa’s Loan Traps examines how borrowers can become trapped in cycles of repeated borrowing and offers practical steps for finding a way out.
The book explains how short-term digital loans, fixed repayment dates, rising loan limits, penalties, automatic deductions, and multiple lenders can combine to create a difficult debt cycle. It then presents a nine-step framework covering understanding the debt trap, protecting income, stopping new borrowing, calculating total debt, building repayment capacity, negotiating with lenders, paying debts systematically, creating a financial buffer, and borrowing responsibly in the future.
Written with an East African context in mind, the book uses practical scenarios and relatable examples to help readers understand the mechanics of debt and take concrete steps toward financial recovery. It is intended as practical guidance rather than licensed financial or legal advice.
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