×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

Seeking a loan during a pandemic?

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.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in