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Originally published by Capital Businessbusiness
December 10, 2025
23h ago
Credit access as a human right
By Julius Ouma NAIROBI, Kenya, Dec 10 - In today’s world, we often discuss rights in terms of education, healthcare, or access to clean water. While these Kenya breaking news | Kenya news today |..
✨ Key Highlights
A Kenyan news article emphasizes that access to credit should be considered a human right, as it is crucial for individual dignity, economic opportunity, and national development. Despite strides in financial inclusion, significant gaps remain, particularly for marginalized groups.
- According to the 2024 FinAccess survey, 84.8% of the population has formal financial access, with credit usage rising to 64% of the total population.
- Faulu Microfinance Bank, led by Managing Director Mr. Ouma, has financed 231 community enterprises across rural Kenya in 2024, reaching 830 customers through small, low-value loans, demonstrating the transformative impact of accessible credit.
- Kenyan women-led enterprises face a $2 billion credit gap, highlighting the need for inclusive lending models, including those for green initiatives like solar home systems and clean cooking solutions.
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