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Description

The SAFER project (Supporting Access to Finance and Business Recovery) is a public initiative aimed at increasing access to finance for MSMEs and supporting their economic recovery following the shocks caused by the Covid-19 pandemic. It operates as a wholesale loan facility through which public funds are channeled via Kenya Development Cooperation (KDC) to registered financial institutions, which in turn lend to small businesses. The project includes measures for institutional strengthening, the promotion of sustainable practices, and financial training.

Objectives

💰 Access to finance:
Facilitate access to credit tailored to the needs of MSMEs.

📈 Economic recovery:
Support the post-pandemic recovery of affected businesses.

📚 Institutional capacity:
Strengthen microfinance institutions (MFIs) for more inclusive and sustainable credit.

️ Inclusive support for MSMEs:
Integrate ESG criteria and promote access for women and the green sectors.

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