Review models of SME funding

Jua Kali Artisans who specialize in making Jikos at the workshop located along Landhies Road on May 11, 2022. PHOTO | FRANCIS NDERITU | NMG

So, where are the big ideas on the best ways of managing the ‘Hustler Fund’— one of the signature policy programmes for President William Ruto’s administration?

The other day, I sat at an auditorium at the Nairobi Securities Exchange (NSE) following proceedings at a ceremony where President Ruto had been invited to launch the NSE marketplace. One of the keynote speakers at the event, Co-operative Bank CEO Gideon Muiruki, made a very strong case for the cooperative movement, arguing that the sector was best placed to roll out a well-managed and sustainable affordable credit scheme for marginalised groups.

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