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

MSEA in partnership with SNV hold business policy awareness forums in Nakuru

Sacco ReviewJuly 21, 202503 mins

Micro and Small Enterprises Authority (MSEA) in partnership with Netherlands Development Organization (SNV) through the Investing in Young Businesses in Africa (IYBA-SEED) project has conducted the third phase of the Business Policy Awareness Forums. The forum engaged Micro, Small, and Medium Enterprises (MSMEs) in Nakuru County on key policy issues, including the MSME Policy, the…

MSMEs lending shrinks as High Credit Costs and Collateral demands bite

Sacco ReviewJuly 12, 202504 mins

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….

President Ruto leads celebrations of World MSMEs Day 2025, says MSMEs are engines of economic growth

Sacco ReviewJune 27, 202504 mins

President William Samoei Ruto has led the country in commemorating World MSMEs Day 2025 at Kenyatta International Conference Centre, Nairobi. Ruto said Small enterprises are the engines of economic growth since they drive innovation and but also support livelihoods adding that the sector creates the largest number of jobs and generates earnings for young people and…

PS Mang’eni denies hustler funds misuse, Kshs 8 billion withdrawal from treasury

Sacco ReviewJune 20, 202504 mins

The State Department for Micro, Small and Medium Enterprises (MSMEs) Principal Secretary Susan Mang’eni has defended the Ksh8 billion allocated for the Financial Inclusion Fund (Hustler Fund) savings support, insisting it was never withdrawn from the National Treasury. In a statement on Thursday the PS stated that the initial capitalization of the Fund was Ksh20.2…

Kisumu County to sets up various interventions to empower SMEs; Deputy Governor reveals

Sacco ReviewJune 14, 202507 mins

Kisumu Deputy Governor Dr. Mathew Owili has said the county government has reaffirmed its commitment to empowering Micro, Small and Medium Enterprises (MSMEs) through a range of targeted interventions. Owili said the move is aimed at enhancing competitiveness, unlocking growth opportunities, and positioning local businesses for regional and global markets. MSMEs, he said, play a…

CS Oparanya distributes free coffee seedling to Vihiga Coffee farmers to revive coffee farming in the County

Sacco ReviewMay 28, 202504 mins

Cabinet Secretary for Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development, Wickliffe Oparanya yesterday distributed coffee seedlings in Vihiga County in an effort by the government to revive the coffee farming in the area, support smallholder farmers with resources, training, and financial assistance. Speaking at a farmers’ sensitization forum at Ebukanga Polytechnic in Vihiga,…

Former KUSCCO directors challenges order to vacate office

Sacco ReviewMay 27, 2025May 28, 202504 mins

In the midst of a growing leadership struggle within the Kenya Union of Savings and Credit Cooperatives (KUSCCO), former directors who were recently ousted from office are protesting the decision and the official removal order. The former directors who are now directors and executives in various SACCOs were removed from the KUSCCO office after the…

Equity Group, African Guarantee Fund strike Ksh.64B deal to boost MSMEs in Africa

Sacco ReviewMay 10, 202504 mins

Equity Group and the African Guarantee Fund (AGF) have renewed and expanded their strategic partnership in a groundbreaking Ksh.64 billion which seeks to accelerate access to finance for Micro, Small, and Medium Enterprises (MSMEs) across East and Central Africa. The facility is expected to unlock Ksh.129.5 billion in lending and sustain over 50,000 jobs, especially…

Govt highlights coffee reforms achievements a head of Mt Kenya tour

Sacco ReviewApril 1, 2025April 1, 202503 mins

Ministry of Co-operatives and Micro, Small & Medium Enterprises (MSMEs) Development, State Department for Cooperatives has highlighted major coffee reforms achievements a head of Mt Kenya region five days tour, the region has majority coffee farmers. Among the major reforms by the Kenya Kwanza government include placing coffee reforms under the Office of the President…

Women-led Enterprises hailed as transformative, key to unlocking a myriad of opportunities

Sacco ReviewMarch 30, 2025March 30, 202507 mins

Women are increasingly taking the reins of entrepreneurship, driving innovation and economic growth in the country. Globally according to the World Bank, one-third of businesses worldwide have a woman among their principal owners. This number is steadily rising, with the number of startups with female founders doubling globally. Studies also suggest that women-led businesses are…