Microfinance Caribbean Kenya treatment Content
1 In General
Rural enterprise program Kenya (2)
Women's microfinance Caribbean 3
Skepticism 4
Online lending platform 5
6 Trackbacks
Growing smaller microfinance institutions (MFIs) training, international development of the developing countries poor small entrepreneurs, block financing business ideas. 1980'S, among entrepreneurs in poor African countries Kenya and the other popular with more and more on the concept of micro-credit emerged.
Kenya rural enterprise programs
1984: Microfinance of rural enterprises in the Kenya of program (KREP), federal organizations and participation, Caribbean was established.
As MFIs originally KREP welfare program for poorest of the poor, for refunds design initiates.
1989: Publishes new action instead launched KREP entrepreneurs and small loans of grants pass.
KREP manages the Juhudi and the Chikola called two major loan programs.
In the microfinance Caribbean Kenya based on primarily group lending concept.
Gives incentive to repay the loan.
Provides support for those who are struggling to pay.
Caribbean microfinance for womenTime that woman of Mfi loans to the majority of the focus.
In fact that tends to reduce women's risk tolerance is primarily for.
More likely to invest conservatively
Low default rate male
This trend is more to effective influence in the society of Kenya rights, but women there. Ability to determine right now and their community leaders.