Micro Enterprise Credit and Its Effects in Kenya: An Exploratory Study

摘要

The Kenya Rural Enterprise Program (KREP) provides financial and non-financialassistance to organizations promoting microenterprise development in Kenya. The report presents the findings from interviews with 50 microenterprise clients supported by KREP through credit programs in the urban Mombasa and rural Meru districts. Individuals chapters: (1) describe the clients, their enterprise and household characteristics, and the loan funds; (2) analyze enterprise performance during the loan period by changes in sales, direct value added, cash income, net profit margin, employment generation, and management performance; and (3) examine the impact of credit programs beyond the enterprise itself, such as linkages with other household and community enterprises, as well as the regulatory and institutional environment. The final chapter summarizes research findings, highlighting issues related to location, sector, and gender, and profiles successful clients.