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Originally published by Capital Businessbusiness
June 29, 2026
11h ago
KDC expands access to affordable business financing
According to the PS, most MSMEs were reeling under the burden of heavy debts as well as poor financing that saw them die at their infancy and thus, a push for the government, and other development partners, to continually finance Development Finance Institutions (DFI) to cater fo..
✨ Key Highlights
The Kenyan Government is prioritizing solutions to improve access to capital for micro, small, and medium enterprises (MSMEs), aiming to unlock growth through flexible lending and tailored financial products.
- The Government seeks to address a Sh7.6 billion shortfall that risks external funding withdrawal.
- Key figures include Principal Secretary for MSME Development, Susan Mang'eni, and Kenya Development Corporation (KDC) Director General, Norah Ratemo.
- The KDC is modifying its collateral assessment from forced sale value to market value to expand financial support access.
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