Video: Supporting Short-Term SME Finance in Kenya with ‘Invest in Africa’
Invest in Africa, is a credit guarantee scheme in Kenya. With its first ever SME financing loan disbursement to an SME in Turkana County.
The project supports short-term SME finance in Turkana County, northern Kenya, and is funded through the Department for International Development’s ‘Kenya Extractives Programme’ and managed by Oxford Policy Management.
SMEs in Turkana have challenges accessing banking facilities, and lack proper records of banking to obtain a loan. With Invest in Africa’s efforts toward providing financial inclusion and access to finance, SMEs in this area have the opportunity to grow and develop.