Sh5.28 Billion in Nyota Youth Fund Grants Meets Kenya’s Harsh SME Survival Rate

The Nyota youth fund is built on an admission that would trouble any commercial lender. Of the 120,000 youth-run enterprises it is backing, the government expects 20% to fail.

That translates to roughly 24,000 businesses. In cash terms, about Sh1.

06 billion of the Sh5. 28 billion allocated for startup and expansion capital could disappear into closures, … The post Sh5.

28 Billion in Nyota Youth Fund Grants Meets Kenya’s Harsh SME Survival Rate appeared first on TechTrendsKE .