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Mastercard Foundation (Africa)

25,000 Kenya MSMEs to Benefit from Interest-Free, Zero-Fee Loans

Kenya National Chamber of Commerce and Industry (KNCCI) and the Mastercard Foundation have entered into a partnership that will see 25,000 Micro, Small and Medium-Sized Enterprises (MSMEs) in Kenya, through the Mastercard Foundation COVID-19 Recovery and Resilience Program, benefit from interest-free, zero-fee, short-term concessional loans. The COVID-19 Recovery and Resilience Program will be implemented by KNCCI through its county chapters across the 47 counties. Read more. 

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Wendy Chelgat helping to drive the Kenyan economy as a passionate MSME owner of a thriving beauty shop in Nairobi

Wendy Chelgat owns a thriving beauty shop in Nairobi, Kenya. Through the Mastercard Foundation COVID-19 Recovery and Resilience Program, the Kenya National Chamber of Commerce and Industry (KNCCI) is targeting women-owned MSMEs that have been impacted by the COVID-19 pandemic with interest free, zero fee short-term concessional loans.

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