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The fund is an ambitious, complex and unorthodox approach to boosting financial inclusion and providing credit to citizens and small businesses, but it is not uncontroversial.
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DOI: 10.1108/OXAN-DB279329
ISSN: 2633-304X
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KENYA: ‘Hustler Fund’ may face mixed reception
This has put immense strain on these organisations, as well as exposing more borrowers to debt. Meanwhile, the region’s MFIs are coming under growing pressure to embrace new ways…
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DOI: 10.1108/OXAN-DB264427
ISSN: 2633-304X
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KENYA: Rate cap repeal will bolster private sector
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DOI: 10.1108/OXAN-ES247621
ISSN: 2633-304X
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However, Kenya's wider economic prospects are buoyant, underlined by the IMF's robust 6.0% GDP growth forecast for 2016 and 6.1% in 2017.