Blockchain innovators target SME credit gap

Women go about their business at Kibuye market Kisumu county Jua Kali section where they make foot wear commonly known as 'Akala' in which one sells at Ksh. 200 to earn their living. They are amongst thousand of women who have ventured into jobs previously considered to those of men.They are calling on the county government to uplift small scale traders in the region. [Collins Oduor, Standard]

Kenyan entrepreneurs stand to benefit from new investment as local and international firms unveil credit products centred on blockchain technology and data analytics.

This comes at a time when small and medium-sized enterprises continue to face challenges in raising capital to grow their businesses, resulting in majority of them shutting down before realising their full potential.