Central Bank of Kenya offices/photo file
MSMEs lending shrinks as High Credit Costs and Collateral demands bite
Kenya’s micro, small, and medium-sized enterprises (MSMEs) are facing a credit crunch, with loan approvals dropping by 13 per cent over two years due to rising interest rates and rigid collateral requirements. This is according to the Central Bank of Kenya’s (CBK) 2024 Survey Report on MSME Access to Bank Credit, released in June 2025….
