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The Standard Group Plc is a
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print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
In Kenya, more than 70 per cent of small and medium enterprises lack access to medium and long-term financing. The situation has been made worse by the ongoing pandemic where lenders engaged low gear as far as lending for businesses is concerned. Is it a good idea then, to take a loan during a crisis?
According to players in the banking sector, there are benefits and challenges associated with taking a loan to start or expand a business in times of crisis.
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