Small and Medium Enterprises (SMEs) are the backbone of Kenya’s economy, but access to financing remains a major challenge. Fortunately, various institutions provide funding solutions tailored for SMEs. Below is a list of the top SME funders in Kenya, their funding amounts, eligibility criteria, and links to apply.
1. Kenya Industrial Estates (KIE)
- Funding Amount: KES 100,000 – KES 20 million
- Eligibility: SMEs in manufacturing, agribusiness, and value addition
- Loan Type: Asset financing, working capital loans
- Learn more
2. Youth Enterprise Development Fund (YEDF)
- Funding Amount: Up to KES 5 million
- Eligibility: Youth-owned businesses (18-35 years)
- Loan Type: Start-up and expansion loans
- Learn more
3. Women Enterprise Fund (WEF)
- Funding Amount: KES 50,000 – KES 2 million
- Eligibility: Women-owned businesses
- Loan Type: Group loans, individual business loans
- Learn more
4. Uwezo Fund
- Funding Amount: KES 50,000 – KES 500,000
- Eligibility: Youth, women, and PWD groups
- Loan Type: Interest-free government loans
- Learn more
5. Stanbic Bank Enterprise Fund
- Funding Amount: KES 500,000 – KES 50 million
- Eligibility: Established SMEs with verifiable income streams
- Loan Type: Business expansion, asset financing
- Learn more
6. NCBA Business Loans
- Funding Amount: KES 500,000 – KES 10 million
- Eligibility: SMEs with an existing business and stable cash flow
- Loan Type: Working capital, invoice discounting
- Learn more
7. Faulu Microfinance Bank
- Funding Amount: KES 10,000 – KES 5 million
- Eligibility: Micro and small businesses
- Loan Type: Business improvement loans
- Learn more
8. KCB SME Loans
- Funding Amount: KES 100,000 – KES 50 million
- Eligibility: SMEs with a solid business track record
- Loan Type: Asset financing, working capital, trade finance
- Learn more
9. Family Bank Biashara Loan
- Funding Amount: KES 50,000 – KES 10 million
- Eligibility: SMEs and traders
- Loan Type: Short-term and long-term financing
- Learn more
10. Equity Bank SME Loans
- Funding Amount: KES 50,000 – KES 100 million
- Eligibility: SMEs in all sectors
- Loan Type: Term loans, trade finance, overdrafts
- Learn more
Conclusion
Accessing SME funding in Kenya is now easier with multiple financing options from banks, government agencies, and microfinance institutions. Whether you’re a startup or an established SME, these funding options can help you scale your business.
Looking for more business financing tips? Stay tuned for more updates on SME funding in Kenya! 🚀
