It’s time Kenya built an ecosystem to nurture MSMEs beyond survival

Development and overhauling of business ecosystems may seem expansive or complex, but the potential returns outweigh any perceived costs. Instead of an endless cycle of training programs, loan funds, and limited incubators, an ecosystems approach has the opportunity to completely change how MSMEs operate and thrive in the country.

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Kenya has become masterful at celebrating MSME resilience. Our media are awash with stories of MSME owners rising above their challenges to succeed.

Small wonder, considering small businesses are the backbone of our economy, yet so many of them face nearly insurmountable barriers to their success.

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Note: The results are not exact but very close to the actual.