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:	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
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
_version_	1764411229531537408

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

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