NAIROBI, Kenya, Sept 16 – Loans issued to micro, small, and medium enterprises (MSMEs) have risen by two percent to Sh153 billion this year, exceeding the annual target of Sh150 billion, new industry data shows.
The Kenya Bankers Association (KBA) said the increased financing underscores banks’ efforts to strengthen the role of MSMEs in driving economic growth and resilience.
“We promised to support MSMEs with Sh150 billion every year, and I am happy to report that we have surpassed this target to issue Sh153 billion, which I hope will be sustained in the remaining months of the year,” KBA CEO Raimond Molenje said during the release of the Nature Positive Financing Assessment Report.
The report identifies investment opportunities worth Sh19.4 trillion ($100–150 billion) in Kenya’s manufacturing, agriculture, water resource management, and environmental services sectors over the next decade.
It highlights green bonds, blended finance, and de-risking mechanisms such as guarantees as key instruments for unlocking capital, while also flagging barriers to creating bankable projects.
The findings are expected to guide banks in financing ventures that support biodiversity, climate resilience, and Kenya’s transition to a green economy in line with the National Biodiversity Strategies and Action Plans (NBSAPs) and climate change policies.
