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How to Make the Most of Mkono's Loans Program

4/25/2022

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Your loan requisition has been approved. Congratulations! What now? Continue reading to get direct tips from Mkono success officers on succeeding within our loans and mentorship program. ​
Woman writing on black board

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Compounding Effects of Covid-19 on SME Growth

4/7/2022

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This article is part of Mkono's new Mawazo thought leadership series. At Mkono, we want to continually share insights on the ever-changing landscape of microfinance, SME growth, economic development and more.
Microcredit Organizations and Microfinance Institutions (MFIs) have existed in Kenya since the 1990s as a means to provide financial support to Small and Medium Enterprises (SMEs). SMEs face several challenges in accessing loans from banks and other traditional financial institutions, often influencing their decision to work with MFIs instead. Entrepreneurs working with Mkono have listed a few of these challenges which have included the size and type of their enterprise, high interest rates charged by formal banks, greater risk associated with formal bank loans as well as the bureaucracy that exists in formal institutions, which leads to lengthy and tedious loan  processes.

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TungaTunga Hcrafts

3/17/2022

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Lornah Mukasa
Keywords: Fashion, Accessories, Handcrafted
Nairobi, Kenya
www.shoptungatunga.com / @shoptungatunga / ShopTungaTunga

"At TungaTunga, we design and locally make fashion, home decor, and crafts products. Our products are designed locally and produced by women from underprivileged backgrounds, including former refugees and ex-prisoners, whom we train and pay fair wages."

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Zia Africa

3/17/2022

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Zia Bett
Keywords: Fashion, Accessories, Female Empowerment
Nairobi, Kenya
www.ziaafrica.com / @ziafrica / Zia Africa

"We are an e-commerce clothing store for the modern woman looking for unique bespoke pieces. Our products are made in Kenya & target young, vibrant women looking for the latest styles and fashion trends at the best prices!"

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House of Asaa

3/17/2022

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Joseph Mbugua
Keywords: Photography, videography, media
Nairobi, Kenya
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​"Our mission at House of Asaa is to offer continuous improvement, professionalism, and customer satisfaction to our clients."



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