Kopo Kopo Inc v Kalee t/a Bei Nafuu Enterptises-Redsoil
Kopo Kopo Inc v Kalee t/a Bei Nafuu Enterptises-Redsoil (Commercial Case E6792 of 2026) [2026] SCC 223 (KLR) (14 August 2026) (Judgment)
The claimant proved the loan disbursement and the respondent's partial repayment, but the court found the contracted interest and charges excessive, unconscionable, and inequitable. The court therefore declined to enforce the claimed interest as written and instead limited recovery to principal-based interest at 18% per annum for the six-month contractual period, less the amount already repaid, with the balance attracting court-rate interest from judgment.
Source excerpt
- Loan recovery
- Unconscionable interest
- Burden of proof
- Default in undefended proceedings
- In duplum principle
- Costs