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Partnerships

Project Partnership

The SAFER Project has a number of partners in order to ensure that the Project Development Objectives are met; They comprise of the following;-

  • World Bank - The World Bank under the Financial, Innovations and Investments department whose focus is on financial stability, financial inclusion and long term finance has partnered with the National Treasury to supply affordable credit to the MSMEs in Kenya.
  • Central Bank of Kenya-CBK-The project supports technical aspects including the National Payments policy and regulations
  • Sacco Society Regulatory Authority -SASRA- The project supports technical aspects including the Sacco Shared Services  Platform
  • Micro and Small Enterprise Authority-The MSMEs are the anchor of the project hence the project shall build the capacity of the authority to regulate the MSMEs
  • Kenya National Entrepreneur’s Trust -The project supports aspects of the Kenya National Entrepreneurs Trust in setting up of the service providers to manage the fund as well as support of its legal framework
  • Kenya Development Corporation- The KDC is the achor apex institution via which the SAFER credit is channeled
  • Kenya Credit Guarantee Scheme- The project supports the establishment and operationalization of the Kenya Credit Guarantee Company (KCGC) aimed at providing partial guarantees to the MSMEs.