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•Prime Cabinet Secretary Musalia Mudavadi, said that Kenya is now ready for a remodeled financing mechanism that promises better days for the Agricultural sector. Agricultural sector stakeholders have ...

SBM Bank and Kingdom Bank were charging the highest interest rates on personal loans by the end of last year, making them the most expensive banks in Kenya, according to the latest data from the ...

IN SHORT: Kenyans working in the informal sector would be happy to have access to quick loans from the government to finance their businesses. But they should be wary of scammers who pose as ...

The Government of Kenya has launched the Supporting Access to Finance and ... Through SAFER, individual micro-enterprises will access loans ranging from Ksh. 7,000 to Ksh. 150,000, while small ...

The Impact for Northern Kenya Fund, financed by USAID Kuza, has been working with enterprises in West Pokot and Turkana since 2022.

However, if you're able to put down something of value as collateral, it could help you secure a loan even with no credit. Here are a few examples of assets that a lender may accept as collateral ...

Several Kenyan banks registered improved profits in the year ended December 2023 despite harsh economic conditions worsened by non-performing loans. Equity Group CEO ... National Social Security Fund ...

The US government’s lender for development projects is investigating its oversight of a loan it made for schools in Kenya after allegations emerged of sexual abuse. Scott Nathan, the US ...

Since 2022, it has disbursed loans of over Sh233 million to 1,265 MSMEs ... Addressing these issues is crucial given Kenya’s historical challenges with food security, exacerbated by climate change and ...

On the day Uganda bagged the loan, March 6, 2024, Bank of Uganda [BoU] announced a central bank rate [CBR] of 10 per cent from 9.5 per cent, and a bank rate of 14 per cent. The CBR is an indicator to ...

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