Top 10 sources of funding for Kenyan entrepreneurs

1 min read

major sources of credit for Kenyans and which percentage opts for which loan source. Have a look.

SOURCES OF CREDIT/LOAN

 % OF KENYANS WHO OPT FOR IT

 

Local Shops/Kiosks/Merchants

 

28.2

 

Chamas/ Self-help Groups

 

19.4

 

Relatives, Neighbors and  Friends

 

14.0

 

SACCOs

 

11.2

 

Commercial Banks

 

8.8

 

Mobile Money Lenders

 

 

7.6

 

Micro-Finance Institutions

 

5.3

 

Employers

 

1.3

 

Money Lenders/Shylocks

 

1.2

 

Non-Governmental Institutions(NGOs)

 

1.2

 

Government Funds

 

1.2

 

Religious Institutions

 

0.2

 

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