Women’s clinic attracts investors after global award

Penda Health, a Nairobi-based women’s healthcare provider, has attracted renewed interest from investors after winning an international competition for small and medium-sized enterprises from emerging economies.

Competition for the BiD Network Entrepreneur of the Year 2012 was open to SMEs from emerging markets with viable business models that require funding of between $10,000 (Sh850,000) and $5,000,000 (Sh425 million) over the next five years.