KDC - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Government expands affordable credit access to boost MSME growth, create jobs

Sacco ReviewJuly 1, 202603 mins

The government is intensifying efforts to unlock financing for micro, small and medium enterprises (MSMEs) by widening access to affordable credit and introducing tailored financial products for different categories of entrepreneurs. Speaking at the Kenya Development Corporation (KDC) Customer Networking Forum in Nairobi, Principal Secretary for MSME Development Susan Mang’eni emphasized that bridging the financing…

Amica Sacco receives Ksh300M to boost agriculture, MSMEs

Sacco ReviewAugust 30, 2024August 30, 202404 mins

Kenya Development Corporation (KDC) has lent Ksh300 million in low-cost credit to Murang’a-based Amica Sacco for lending to farmers and micro-traders. The Sacco, which primarily serves farmers and small businesses, will provide loans ranging from Ksh7,000 to Ksh250,000 at a single-digit interest rate to meet working capital needs. The loans are funded by the Ksh8…