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Affordable loans will boast small businesses

Susan Kihika

Nakuru Governor Susan Kihika delivers her speech during the launch of the Nakuru County enterprise and co-operative revolving development funds at ATC Soilo on May 29, 2025.

Photo credit: Boniface Mwangi | Nation Media Group

What you need to know:

  • We in Nakuru County have bought into the growing narrative of the primacy of MSMEs in economic growth.
  • It is for this reason that we have initiated the Wezesha Fund to solve the challenge of access to credit for our entrepreneurs.

Micro, small and medium enterprises (MSMEs) are increasingly becoming the primary drivers of job creation, innovation, production and overall economic growth, globally. In Kenya, MSMEs) constitute 98 per cent of all businesses, creating 30 per cent of all jobs and contributing 40 per cent of the country’s Gross Domestic Product (GDP). 

We in Nakuru County have bought into the growing narrative of the primacy of MSMEs in economic growth. We have, consequently, taken deliberate measures to support these business, including making them resilient to the dynamics of the global economy.