In the past year, micro, small & medium enterprises (MSMEs) in Kenya have faced a growing challenge in accessing credit from banks. This has been attributed to a range of factors including increased local borrowing by the government and the interest rate caps imposed on Kenyan banks. To compound their problems MSMEs are perceived, often unfairly, to be high risk borrowers, further limiting their chances of securing the capital they need. Whatever the cause, the effect is significant, many of Kenya’s MSMEs are struggling to succeed.
We will speak with a diverse panel of financial innovators who are already filling this credit vacuum using a clever mix of technology, data and relationship building. They will be joined by some of the FinTech providers powering these pioneering efforts.
Join us at the Nailab on Monday 15th of May from 6:00 PM – 9:00 PM to discuss the root of the problem, the challenges faced by those solving it and catch a glimpse of the technologies allowing these lenders to evolve into better sources of credit for MSMEs. Drinks and food will be served from 6PM, with a panel discussion starting at 6:15PM, followed by networking.
PANEL DISCUSSION | HOW TECHNOLOGY CAN POWER BETTER BANKING & LENDING FOR MSMEs
Moderator: Kageni Wilson – CEO, Finplus Group
Panelists:
Tim Carson – CEO, Premier Credit
Valentine Njoroge – Founder, MradiFund
Sarka Bartova – Partner Manager, Mambu
Steve Biko – Head of S&E, KopoKopo
+ one more amazing panelist to be announced soon
Register HERE!