Faulu Microfinance Bank, CEO, Julius Ouma-Photo|Courtesy
Experts warn of KSh3.3 trillion MSME financing shortfall
Kenya’s Micro, Small and Medium Enterprises (MSME) sector is staring at a severe credit crunch, with experts warning that the country faces a KSh3.3 trillion funding gap that threatens the survival and growth of the sector. Financial institutions are currently providing only a fraction of the capital required to sustain operations, raising fears about the…
