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

MSME financing: Kenya seeks private capital for small firms

Sacco ReviewSeptember 24, 202605 mins

Kenya seeks private capital to help close the Ksh4 trillion MSME financing gap Government outlines credit guarantees and investment funds to unlock lending Digitalisation and market access form part of efforts to expand MSME opportunities Kenya is seeking to unlock more private-sector financing for micro, small and medium enterprises (MSMEs) amid a Ksh4 trillion financing…

EIB, MSEA explore affordable credit access for Kenyan MSMEs

Sacco ReviewSeptember 17, 202604 mins

Government explores new ways to improve MSME financing Talks focus on making credit more affordable for businesses Stakeholders seek financing options that support business growth Kenyan Micro, Small and Medium Enterprises (MSMEs) could gain greater access to affordable credit following talks between the Micro and Small Enterprises Authority (MSEA) and the European Investment Bank (EIB)…

Saccos to adopt AI loan system to boost MSME credit access

Sacco ReviewSeptember 15, 202603 mins

Saccos are exploring technology to widen MSME credit access A new approach could change how small businesses qualify for loans Government and private sector players are looking at smarter lending models Kenya’s State Department for Cooperatives is exploring new tech and lending models to help Saccos boost MSME credit access. PS Patrick Kilemi held talks…

Stakeholders push for reform of MSME financing ecosystem

Sacco ReviewSeptember 15, 202604 mins

Stakeholders want financing solutions tailored to different MSME needs The forum examined ways to reduce lending risks and widen access to capital Recommendations will shape upcoming discussions on MSME financing and growth Stakeholders have called for a re-engineering of Kenya’s Micro, Small and Medium Enterprises (MSMEs) financing ecosystem to increase access to capital, reduce investment…

Banks step up lending to MSMEs as borrowing costs ease

Sacco ReviewAugust 21, 202604 mins

Banks have increased lending to MSMEs as falling interest rates make credit more affordable. The latest figures reveal which lenders are leading the race to finance small businesses. Lower borrowing costs are encouraging stronger demand for credit across key sectors of the economy. Kenyan businesses are gaining easier access to bank financing, with lenders advancing…