Impact of the COVID-19 pandemic on micro, small, and medium enterprises (MSMEs)- Kenya report (round 3)
by Diana Siddiqui, Aparna Shukla and Anup Singh
Feb 18, 2021
1 min
The report examines the devastating impact of COVID-19 on Kenyan MSMEs even after the restrictions on movement were relaxed and the market opened. The report shares the recommendations for stakeholders to support MSMEs in this critical time.
Across the country, MSMEs were showing signs of recovery once the markets reopened. Yet they are nowhere near their pre-pandemic figures. Entrepreneurs are increasingly concerned about the increased cost of supplies and transportation, and struggle to secure loans. Customers too have limited their spending to essential goods. Read on as we examine the damage done and look at ways in which the government and other private agencies can help the sector recover. Key findings from the third round of a dipstick research funded jointly by MSC and SCBF feed into this report.
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