Characteristics of Kenyan MSMEs Relevant to the Proposed Kenya Credit Guarantee Scheme

Globally, there is no standard definition for Micro, Small and Medium-Sized Enterprises (MSMEs). However, key attributes that are considered when defining them include the number of employees, turnover and capital. In Kenya, MSMEs are variously defined in different contexts. They are defined as enterprises that have 1-99 employees. Micro enterprises have less than 10 employees; …

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