Daily Monitor
Wednesday January 13 2021
Summary
Cash-strapped Kenyans are using household goods, livestock and office equipment to borrow from commercial banks in the four months that followed the phased reopening of the economy in July when individuals and businesses were starved of credit.
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Ugandan women entrepreneurs want a dedicated credit line to access affordable funding from for their businesses.
Already, there are some funding initiative set up by the government such as the Uganda Women Entrepreneurship Programme , a scheme aimed at improving access to financial services for women and the Uganda Development Bank, the country’s development finance institution providing financial interventions across key economic sectors such as agriculture, human capital development, infrastructure and tourism and hospitality industries.