The Kenya Rural Enterprise Program : Directing Credit to Low-Income Groups

The lack of credit facilities in Kenya's rural areas is a significant obstacle to building a sustainable rural financial market. A recent estimate placed the gap between the level of credit supplied and the effective demand for credit at some...

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Main Authors: Pederson, Glenn D., Kiiru, Washington K.
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/1997/02/12845575/kenya-rural-enterprise-program-directing-credit-low-income-groups
http://hdl.handle.net/10986/9942
id okr-10986-9942
recordtype oai_dc
spelling okr-10986-99422021-04-23T14:02:47Z The Kenya Rural Enterprise Program : Directing Credit to Low-Income Groups Pederson, Glenn D. Kiiru, Washington K. ACCESS TO CREDIT ACCESS TO DEPOSIT ARREARS ASSETS BANKING SECTOR BANKING SYSTEM BANKS BRANCH COLLATERAL COMMERCIAL BANK COMMERCIAL BANKING COMMERCIAL BANKS CREDIT ASSESSMENT CREDIT ASSOCIATIONS CREDIT DELIVERY CREDIT FACILITIES CREDIT FACILITY CREDIT OFFICER CREDIT PROGRAMS CREDIT SCHEME CREDIT SCHEMES DEFAULT RATE DEFAULTS DEMAND FOR CREDIT DEPOSIT DEPOSITS DIRECT LOANS DISBURSEMENT DONOR FUNDING DONOR FUNDS EARNINGS EMPLOYMENT EXISTING BUSINESSES FINANCIAL COSTS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL SERVICES FINANCIAL SYSTEM FLEXIBLE LOAN FORMAL FINANCIAL INSTITUTIONS FORMS OF COLLATERAL FRAUD GREATER ACCESS GROUP LENDING GROUP-LENDING INCOME FLOW INCOME GROUPS INDIVIDUAL ENTREPRENEURS INDIVIDUAL LOANS INFLATION INFORMATION DISSEMINATION INFORMATION SYSTEM INSTITUTIONAL SUPPORT INTEREST RATES INVESTING LACK OF CREDIT LEVEL OF CREDIT LOAN LOAN APPROVALS LOAN PORTFOLIO LOAN SIZE LOAN TERMS LOAN VOLUME MICRO- FINANCING MICRO- FINANCING INSTITUTION MICRO-ENTERPRISE MICRO-ENTERPRISES MICRO-FINANCE MICRO-FINANCE PROGRAMS OUTREACH POTENTIAL BORROWERS REPAYMENT REPAYMENT RATE REPAYMENT RATES RURAL FINANCIAL MARKET SAVINGS SAVINGS DEPOSITS SOCIAL WELFARE TECHNICAL ASSISTANCE TRANSACTION TRANSACTION COSTS UNION The lack of credit facilities in Kenya's rural areas is a significant obstacle to building a sustainable rural financial market. A recent estimate placed the gap between the level of credit supplied and the effective demand for credit at some Ksh. 57 billion. The Government of Kenya has, since the early 1990s, shown an interest in the development of small-scale and micro-enterprises. The Kenya Rural Enterprise Program (K-REP) was established in 1984 as an intermediary Non Government Organization (NGO), providing credit for on lending and technical assistance to other NGOs. To promote growth and generate employment in the micro-enterprise sector, K-REP lends to clients who would otherwise find it extremely difficult to access credit from commercial banks and other formal financial institutions. Its operations are currently concentrated in Nairobi, Nyeri, Eldoret and Embu. Kenya Rural Enterprise Program: case study of a micro-finance scheme documents K-REP's innovations and performance, and provides some insight on how to improve micro-finance programs. 2012-08-13T09:56:38Z 2012-08-13T09:56:38Z 1997-02 http://documents.worldbank.org/curated/en/1997/02/12845575/kenya-rural-enterprise-program-directing-credit-low-income-groups http://hdl.handle.net/10986/9942 English Africa Region Findings & Good Practice Infobriefs; No. 61 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO CREDIT
ACCESS TO DEPOSIT
ARREARS
ASSETS
BANKING SECTOR
BANKING SYSTEM
BANKS
BRANCH
COLLATERAL
COMMERCIAL BANK
COMMERCIAL BANKING
COMMERCIAL BANKS
CREDIT ASSESSMENT
CREDIT ASSOCIATIONS
CREDIT DELIVERY
CREDIT FACILITIES
CREDIT FACILITY
CREDIT OFFICER
CREDIT PROGRAMS
CREDIT SCHEME
CREDIT SCHEMES
DEFAULT RATE
DEFAULTS
DEMAND FOR CREDIT
DEPOSIT
DEPOSITS
DIRECT LOANS
DISBURSEMENT
DONOR FUNDING
DONOR FUNDS
EARNINGS
EMPLOYMENT
EXISTING BUSINESSES
FINANCIAL COSTS
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL SERVICES
FINANCIAL SYSTEM
FLEXIBLE LOAN
FORMAL FINANCIAL INSTITUTIONS
FORMS OF COLLATERAL
FRAUD
GREATER ACCESS
GROUP LENDING
GROUP-LENDING
INCOME FLOW
INCOME GROUPS
INDIVIDUAL ENTREPRENEURS
INDIVIDUAL LOANS
INFLATION
INFORMATION DISSEMINATION
INFORMATION SYSTEM
INSTITUTIONAL SUPPORT
INTEREST RATES
INVESTING
LACK OF CREDIT
LEVEL OF CREDIT
LOAN
LOAN APPROVALS
LOAN PORTFOLIO
LOAN SIZE
LOAN TERMS
LOAN VOLUME
MICRO- FINANCING
MICRO- FINANCING INSTITUTION
MICRO-ENTERPRISE
MICRO-ENTERPRISES
MICRO-FINANCE
MICRO-FINANCE PROGRAMS
OUTREACH
POTENTIAL BORROWERS
REPAYMENT
REPAYMENT RATE
REPAYMENT RATES
RURAL FINANCIAL MARKET
SAVINGS
SAVINGS DEPOSITS
SOCIAL WELFARE
TECHNICAL ASSISTANCE
TRANSACTION
TRANSACTION COSTS
UNION
spellingShingle ACCESS TO CREDIT
ACCESS TO DEPOSIT
ARREARS
ASSETS
BANKING SECTOR
BANKING SYSTEM
BANKS
BRANCH
COLLATERAL
COMMERCIAL BANK
COMMERCIAL BANKING
COMMERCIAL BANKS
CREDIT ASSESSMENT
CREDIT ASSOCIATIONS
CREDIT DELIVERY
CREDIT FACILITIES
CREDIT FACILITY
CREDIT OFFICER
CREDIT PROGRAMS
CREDIT SCHEME
CREDIT SCHEMES
DEFAULT RATE
DEFAULTS
DEMAND FOR CREDIT
DEPOSIT
DEPOSITS
DIRECT LOANS
DISBURSEMENT
DONOR FUNDING
DONOR FUNDS
EARNINGS
EMPLOYMENT
EXISTING BUSINESSES
FINANCIAL COSTS
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL SERVICES
FINANCIAL SYSTEM
FLEXIBLE LOAN
FORMAL FINANCIAL INSTITUTIONS
FORMS OF COLLATERAL
FRAUD
GREATER ACCESS
GROUP LENDING
GROUP-LENDING
INCOME FLOW
INCOME GROUPS
INDIVIDUAL ENTREPRENEURS
INDIVIDUAL LOANS
INFLATION
INFORMATION DISSEMINATION
INFORMATION SYSTEM
INSTITUTIONAL SUPPORT
INTEREST RATES
INVESTING
LACK OF CREDIT
LEVEL OF CREDIT
LOAN
LOAN APPROVALS
LOAN PORTFOLIO
LOAN SIZE
LOAN TERMS
LOAN VOLUME
MICRO- FINANCING
MICRO- FINANCING INSTITUTION
MICRO-ENTERPRISE
MICRO-ENTERPRISES
MICRO-FINANCE
MICRO-FINANCE PROGRAMS
OUTREACH
POTENTIAL BORROWERS
REPAYMENT
REPAYMENT RATE
REPAYMENT RATES
RURAL FINANCIAL MARKET
SAVINGS
SAVINGS DEPOSITS
SOCIAL WELFARE
TECHNICAL ASSISTANCE
TRANSACTION
TRANSACTION COSTS
UNION
Pederson, Glenn D.
Kiiru, Washington K.
The Kenya Rural Enterprise Program : Directing Credit to Low-Income Groups
geographic_facet Africa
relation Africa Region Findings & Good Practice Infobriefs; No. 61
description The lack of credit facilities in Kenya's rural areas is a significant obstacle to building a sustainable rural financial market. A recent estimate placed the gap between the level of credit supplied and the effective demand for credit at some Ksh. 57 billion. The Government of Kenya has, since the early 1990s, shown an interest in the development of small-scale and micro-enterprises. The Kenya Rural Enterprise Program (K-REP) was established in 1984 as an intermediary Non Government Organization (NGO), providing credit for on lending and technical assistance to other NGOs. To promote growth and generate employment in the micro-enterprise sector, K-REP lends to clients who would otherwise find it extremely difficult to access credit from commercial banks and other formal financial institutions. Its operations are currently concentrated in Nairobi, Nyeri, Eldoret and Embu. Kenya Rural Enterprise Program: case study of a micro-finance scheme documents K-REP's innovations and performance, and provides some insight on how to improve micro-finance programs.
format Publications & Research :: Brief
author Pederson, Glenn D.
Kiiru, Washington K.
author_facet Pederson, Glenn D.
Kiiru, Washington K.
author_sort Pederson, Glenn D.
title The Kenya Rural Enterprise Program : Directing Credit to Low-Income Groups
title_short The Kenya Rural Enterprise Program : Directing Credit to Low-Income Groups
title_full The Kenya Rural Enterprise Program : Directing Credit to Low-Income Groups
title_fullStr The Kenya Rural Enterprise Program : Directing Credit to Low-Income Groups
title_full_unstemmed The Kenya Rural Enterprise Program : Directing Credit to Low-Income Groups
title_sort kenya rural enterprise program : directing credit to low-income groups
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/1997/02/12845575/kenya-rural-enterprise-program-directing-credit-low-income-groups
http://hdl.handle.net/10986/9942
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