Co-operative Bank of Kenya and the Kenya Development Corporation (KDC) have launched a joint Sh1 billion fund targeting micro, small, and medium-sized enterprises (MSMEs) across the country.
The fund is designed to provide affordable credit and business support to help small businesses recover, grow, and innovate. Entrepreneurs will also benefit from training and capacity-building programs to improve how they manage and scale their operations.
This partnership comes at a time when many small businesses are still dealing with the effects of tough economic conditions. The affordable financing provided through this initiative is expected to help them manage cash flow, restock, pay suppliers, and even expand.
The fund was unveiled during a high-profile event attended by key stakeholders from the banking and development sectors. Industry players praised the move as a timely solution that strengthens Kenya’s informal and small business economy.
For many entrepreneurs, access to credit has remained a major challenge. With this new partnership, Co-op Bank and KDC are offering more than loans — they’re providing a lifeline.
As a small business owner, will this be your chance to grow? Will you apply for the fund and take your hustle to the next level?
