Accessing Finance in Kenya

Most women in Kenya work in the agricultural sector and produce most of the agricultural produce in the country. However, when it comes to accessing credit and other forms of agricultural finance, women’s access drops quickly.

Within the non-agricultural sector of the informal economy, women are also very active in informal cross-border trade, where they are involved in a large volume of the goods traded across borders. Similar to those in the agricultural sector, women in informal cross border trade face several huddles in accessing finance.

Public and private institutions in Kenya have identified women’s challenges in accessing finance and have established various programmes to bridge the gap.
angle-left Federation of Women Entrepreneurs Association (FEWA)

Federation of Women Entrepreneurs Association (FEWA)

About FEWA

It was established to help women entrepreneurs’ access affordable credit with great ease. It is an offshoot of FEWA (Federation of Women Entrepreneurs Association) which has a rich membership of up to 100,000 member strong organizations. The desire of FEWA Sacco is to inspire and empower women and be the most significant contributor to the success of women entrepreneurs in Africa

The Federation is an effective channel through which joint programs and initiatives for women in business are channeled. FEWA has ensured harmonization of cross sectoral issues and direct impact at policy making levels through fostering sustainable partnerships. read more

 

 

Brief description of the loan

 

Business loan

Registration

Kshs 1,000

 

Share Capital

Kshs 2,000

 

Minimum                            Monthly   Contribution

Ksh 2,000

 

Duration

4 months

 

Eligibility
  • All women entrepreneurs, employees, professionals, chamas, investment groups are eligible. 
  • Must be a Kenyan citizen/Registered Business in Kenya
  • Complete a Membership Application Form for vetting
  • Is at least 18 years of age

 

Borrowing terms
  • Member must be active continuously for 6 months
  • Loan limit is 3 times your contribution
  • A copy of ID or Passport
  • Two coloured passport size photo
  • A KRA pin certificate copy

 

Contacts

Email: info@fewa.or.ke
Tel: (+254) 704 420 034
Tel: (+254)  737 240 266

Physical Address:

Sunninghill, Mbaazi Ave, Off King’ara Rd. Nairobi

       

 
share-alt

50 MAWSP

 

The African Development Bank partners with EAC, COMESA & ECOWAS Regional economic blocks to implement the 50 Million African Women Speak Networking Platform Project.The platform is intended to empower millions of women in Africa to start, grow, and scale up businesses by providing a one-stop shop for their specific information needs. Click on the image for more information

 

50MAWS Project engages East African Financial institutions for more financial inclusion. Click on the photo above for the full story