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Friday 27th January, 2012

    • Kenya: UN scales up refugee training to improve assistance in camps

    UN News Centre

    The United Nations refugee agency today announced new strategies to ensure uninterrupted assistance and services in its largest complex in Kenya, including training and mentoring of refugees as well ...

    • Kenya counters vote-rigging with electronic register

    West Australian

    NAIROBI (Reuters) - Kenya will switch to an electronic register of voters to curb ballot-rigging after ballot boxes at the 2007 elections were found to contain the votes of people who were dead, the ...

    • Court rejects Baraza appeal against tribunal

    The Star

    */ The High Court yesterday rejected an application filed by embattled Deputy Chief Justice Nancy Baraza to appeal against the decision to suspend her and set up a tribunal to investigate her ...

  • Beryl Odinga Sh1.5 million fraud case withdrawn

    The Star

    */ Prime Minister Raila Odinga's sister Beryl Lilian Okumu Odinga finally complied with court orders and presented herself yesterday before court for withdrawal of a Sh1.5 million fraud case ...

  • Kalonzo to lead Ruto, Uhuru peace rallies

    The Star

    */ Vice President Kalonzo Musyoka is this weekend scheduled to lead a series of rallies in Rift Valley and Central provinces to show solidarity with the four individuals whose crimes against ...

  • Expired sugar: Mombasa residents in danger

    The Standard

    The sugar was to have been destroyed by order of a court. The issue comes up a few days after a Mombasa court ordered the destruction of a consignment of sugar that had been impounded at the port ...

  • MPs want Parliament recalled

    The Standard

    A group of members of parliament led by the chairman of the Committee of the Implementation of the Constitution Abdikadir Mohammed have demanded the immediate recalling of parliament to address what ...

  • State House meeting youths named

    The Standard

    The names of youths who attended a meeting with President Mwai Kibaki ahead of the 2007 general elections and who ICC judges said were members of the mungiki outlawed gang were made public ...

  • Court dismisses Karume paternity case

    The Standard

    A man claiming to be the son of former Defence Minister, Mr Njenga Karume has suffered a setback following the dismissal of a paternity case he had filed in ...

  • Kenyans will vote electronically - IEBC

    The Standard

    The Independent Electoral and Boundaries Commission (IEBC) has said it will embrace Electronic Voting Systems in the forthcoming General Elections to avoid a repeat of ballot stuffing and other ...

  • Kenya Airways issues profit warning

    General Sources

    Africa 's leading carriers, issued a profit warning on Friday, blaming the euro zone debt crisis, political unrest in Egypt and escalating fuel prices. The warning is likely to surprise ...

  • Tribal clashes kill at least 21 in northern Kenya

    General Sources

    northern Kenya clashed over grazing rights for a second day on Friday, killing at least 21 people and torching houses, residents said. Corpses lay strewn in scrubland outside three villages near ...

  • UNHCR Employs Alternative Strategies in Managing the Dadaab Camps

    All Africa

    press release This is a summary of what was said by UNHCR spokesperson Andrej Mahecic - to whom quoted text may be attributed - at the press briefing, on 27 January 2012, at the Palais des Nations ...

  • Lessons and Implications of the Confirmation of Charges Against Kenya's 'Ocampo Four'

    All Africa

    analysis As judge Ekaterina Trendafilova read out, on 23 January 2012, the carefully crafted ruling of the International Criminal Court (ICC) on the confirmation of charges against the Ocampo Six, ...

  • Living On the Edge in Turkana Region

    All Africa

    Nairobi - The 850,000 residents of northwestern Kenya's vast and parched Turkana region face some of the most inhospitable living conditions on Earth. On their own, meagre average annual ...

  • Finance Minister Quits Over ICC Charges

    All Africa

    Kenya's Finance Minister Uhuru Kenyatta resigned Thursday after the International Criminal Court ruled this week he should stand trial for his alleged role in 2007-8 post-election violence, a ...

  • KENYA: Shortage of HIV test kits raises concerns

    IRIN

    More than a million faulty HIV tests have been withdrawn from circulation (file photo) NAROK, 27 January 2012 (PlusNews) - Voluntary counselling and testing centres around Kenya are turning people ...

  • Kenya central bank says in repo market for $11.8mn

    General Sources

    NAIROBI: The Kenyan shilling rose against the dollar on Wednesday helped by tea sector inflows and on banks selling dollars after the central bank's recent liquidity tightening exercises had ...

  • Kenya's richest man at a crossroad

    General Sources

    Kenyatta, Kenya's richest man with a fortune estimated by Forbes magazine at half a billion dollars, is the son of Jomo Kenyatta, the country's first president after independence from ...

  • Uhuru, Ruto Eligible for Presidency - CIC

    All Africa

    Nairobi - The Commission for the Implementation of the Constitution (CIC) is categorical that Deputy Prime Minister Uhuru Kenyatta and Eldoret North MP William Ruto are still eligible to vie for the ...

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Kenya leading the world on credit access


Kenya leading the world on credit access

Kenya has been hailed by the World Bank as a world leader in financial innovation, revamping its financial services sector in such a way that access for the poor to micro-loans is made easier, providing the means to independence and future prosperity.

Proponents of micro-loans argue that they are a significant means of lifting the poor out of poverty and providing them with the means by which to develop financial independence. When one considers that Kenya has a population in which around 56% of people live below the poverty line, the government’s efforts to increase access to credit and financial services for the poor becomes poignant.

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