Why special SME funds have yet to make big impact

Since its inception, WEF has disbursed some Sh18.35 million to 1,748,202 beneficiaries, half of whom have been return borrowers. FILE PHOTO | NMG

Christine Muthusi quit her job as a bank teller in 2011 to join the business world. She got into second-hand clothes wholesale business. To get the enterprise off the ground, she used savings from her former job. But a few years down the road she felt she needed to take on a new, bigger challenge.

“I wanted to delve into the supplies and procurement business. I was targeting government agencies, and at this point I needed a huge amount of capital to give my attempt a boost,” she says

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