How Ruto order locked women from cheap loans

A past Women Enterprise Fund event in Nairobi. 

Photo credit: File | Nation Media Group

Women-owned business ventures have missed out on millions of shillings in low-cost State loans, following President William Ruto’s directive that funds be processed digitally.

A new report by the State Department for Gender and Affirmative Action said that cash disbursed to women-owned businesses nearly halved last financial year ended June 2024, on a “shift in lending model to a digital platform”.

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