Why women agribusinesses are struggling to secure credit

Metrin Wafula, a coffee farmer at Cheptais in Bungoma County harvests ripe berries on September 30, 2019. FILE PHOTO | NMG

It has been documented that women-led enterprises, especially in agriculture, where they account for close to 60 percent, have huge potential for growth only if the hurdle they face are addressed. One of the major impediments that has been identified is lack of enough finances.

This is the case because women are denied credit from financial institutions due to a number of reasons, including low savings, existing debts, lack of collateral, and bad credit history.

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