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Kenya MSME Covid-19 Resilience & Recovery Program 2020/2021

Kenya MSME Covid-19 Resilience and Recovery Program 2020/2021: Applications are now open for Covid-19 Resilience and Recovery Program for Kenyans. The Covid19 Resilience and Recovery program is an initiative by KEPSA in partnership with Mastercard Foundation aimed at supporting Kenya businesses that have been affected by COVID19. Continue reading for find more information about KEPSA-MasterCard Foundation MSME COVID-19 Recovery and Resilience Program.

KEPSA-MasterCard Foundation MSME COVID-19 Recovery and Resilience Program is currently ongoing.

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Kenya MSME Covid-19 Resilience and Recovery Program 2020/2021.

Our main role as KEPSA is to engage with the Government in ensuring that there is a favourable environment for doing business through our Public Private Dialogue platforms.

The Kenya MSME Covid-19 Resilience & Recovery Program seeks to provide financing to businesses that normally find it difficult to access financing from formal lending institutions such as banks and micro-financers.

Kenya MSME Covid-19 Resilience and Recovery Program – FUND

Through the Covid19 Resilience and Recovery program, we are issuing interest-free and non-collateral microloans ranging from Ksh. 100k to Ksh 1.5M.

KEPSA-MasterCard Foundation MSME COVID-19 Recovery and Resilience Program – Eligibility

  1. Through the Covid19 Resilience and Recovery program, we are targeting women and youth-owned or led businesses that have up to 50 employees and would be Micro, Small or Medium Enterprises.
  2. Through the Covid19 Resilience and Recovery program, we are supporting women (18-70 years) and/or youth (18-35 years) owned/led businesses which have been in operation at least for the last 6 months.

We are seeking to support viable businesses that have the potential to survive and return to normal business activities with the assistance of a loan and technical assistance.

KEPSA-MasterCard Foundation MSME COVID-19 Recovery and Resilience Program – Criteria

  • To qualify for the MSME interest free loans, the business must be a KEPSA member directly or indirectly through a business association that is a KEPSA member.
  • The business must demonstrate the ability to repay the loan within 6 months in determining its eligibility to qualify.

Why become a kepsa member/why register in the portal?

  • Capacity building through targeted training and mentorship
  • Policy development
  • Access to opportunities to grow your business including markets, B2B, B2C, among others
  • Access to financing opportunities including loans and grants
  • Participation in the KEPSA events and meetings

How to Apply for KEPSA-MasterCard Foundation MSME COVID-19 Recovery and Resilience Program.

The application for the Interest FREE MSMSE loan is done online through this link www.smekepsa.or.ke

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ABOUT KEPSA

The Kenya Private Sector Alliance (KEPSA) is a limited liability membership organisation registered in 2003 as the apex body of private sector in Kenya

KEPSA is the private sector apex and umbrella body set up in 2003, to bring together business community in a single voice to engage and influence public policy for an enabling business environment. The Kenya Private Sector Alliance (KEPSA) is a limited liability membership organization.

With current membership of over 500,000 direct and indirect members organised through Business Membership Organizations and Corporate members, KEPSA is a key player in championing the interests of the Kenyan business community in trade, investment and industrial relations.

KEPSA’s Vision is to be a world class private sector apex body. The primary Mission is to ensure year- on- year improvement in the overall business environment for Kenya by working together with the Government and other stakeholders.

The Mission is driven by the organization’s business strategy. The strategy’s main objective is the pursuit of an enabling business environment over the next five years by ensuring a year-on-year improvement in three key global business rankings:

  • Ease of Doing Business Index (World Bank)
  • Global Competitiveness Index (World Economic Forum)
  • Bribery Index (Transparency International)

KEPSA’s has played critical roles in business; economic and political reforms. Some of the KEPSA’s role in business reforms i.e. Public-Private Dialogues for business reforms (policy, legislative and institutional reforms) include: Presidential Round Tables (PRTs); Ministerial Stakeholder Forums (MSFs); Speaker’s Round Table: both Senate and National Assembly; Council of Governors Round Table; Chief Justice Forum; and, Attorney General’s forum.

On the economic and political reforms, KEPSA has participated in the Economic Recovery Strategy (2003); Private Sector Development Strategy (PSDS) (2006 – 2010); Vision 2030 & Medium Term Plans; Peace building initiatives particularly in the 2008 Post Election Violence through “Mkenya Daima” Campaign; Development of Constitution 2010; and, Engagement in the constitution implementation process.

For more information visit https://kepsa.or.ke/sme-membership/ 

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