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Many business owners face challenges in accessing financial management training. [Courtesy]
As Kenya's financial services sector continues to expand and more individuals and businesses seek access to credit, financial literacy is increasingly recognised as a critical factor in promoting responsible borrowing, strengthening businesses and supporting long-term economic growth.
Speaking at Oya Micro Credit Kenya's fourth-anniversary celebrations, Chief Executive Wycklife Ochola said client education has become a central pillar of the company's operations, helping borrowers make informed financial decisions and supporting business sustainability.
"Credit is a powerful tool for economic empowerment, but it must be accompanied by financial education. We have learnt over the past four years that when clients understand how to manage their finances and use credit responsibly, they are more likely to succeed in their businesses and achieve their personal financial goals," he said.
