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Consider capital markets for funds, small firms told
Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSME) Development Cabinet Secretary Simon Chelugui makes his remarks during the second day of the 4th Edition of the SMEs Conference and Expo held at the KICC grounds on March 16, 2023. PHOTO | FRANCIS NDERITU | NMG
Small and medium-sized enterprises (SMEs) have been tipped to consider alternative financing options through the capital markets to overcome credit obstacles limiting their growth.
Cooperatives and Micro and Small Enterprises Cabinet Secretary Simon Chelugui noted capital markets should strive to offer SMEs a range of instruments including debt and equity to increase their financing options.