SMEs to get Sh5 billion in State funding

Some of the stalls at Maasai market located along Kenyatta Avenue in Nakuru town. [Photo: Standard]

Small and Medium Enterprises (SMEs) could gain access to much-needed capital as the Government rolls out a Sh5 billion entrepreneurship project.

This will be made possible after the World Bank approved earlier this year a Sh5 billion line of credit for supporting the country’s SMEs under the Kenya Industry and Entrepreneurship Project (KIEP).