Kenya’s 7.4 million MSMEs form the backbone of the economy, accounting for nearly 40 percent of the nation’s gross domestic product.
By
Julius Ouma
Managing Director
Faulu Microfinance Bank
The private sector is facing an unprecedented liquidity crisis as mounting and systemic payment delays from ministries, state corporations and county governments choke business cash flows.
Traditional banking models rely heavily on physical collateral and formal records, yet because many local enterprises operate in…
Kenya’s micro, small, and medium enterprises are facing a deep financing squeeze that experts warn could slow job creation and…
Kenya has demonstrated leadership in the FinTech space in Sub-Saharan Africa region kickstarted strongly by the enthusiasm around…
Kenya’s banking sector non-performing loan (NPL) ratio has been stubbornly high, hovering around 15.6 per cent.
Today, a Kenyan business can sometimes receive money from Europe faster than from another African country. No trading bloc can…
Supporting MSMEs is not simply a business agenda but a livelihoods agenda, a youth agenda, and ultimately an economic development…
