27th-Jan-2026 • Isaac Kennedy • Financial Inclusion
Small and Medium Enterprises (SMEs) in Kenya form the backbone of our economy, contributing significantly to employment and revenue generation. However, a large portion of these businesses struggle due to limited access to financial services. This is where Financial Inclusion comes into play.
Financial Inclusion refers to the effective delivery of a broad range of financial services at affordable costs to all segments of society, including the low-income, women, rural populations, and SMEs. It's about leveling the playing field for businesses that have been historically underserved or excluded from the formal financial sector.
According to a report by the Central Bank of Kenya, less than 25% of SMEs in Kenya have access to bank loans. This is a stark reality that hinders growth and innovation. But the digital revolution offers a promising solution.
Platforms like Lipabiz Technologies Ltd are transforming the financial landscape for SMEs in Kenya. Our business management and payments platform provides access to affordable loans, invoice financing, and digital payment solutions. These tools can help SMEs manage their finances more effectively, reduce transaction costs, and access much-needed capital.
A successful example of a digital financial service is M-Shwari, a mobile-based banking platform launched by Equity Bank in partnership with Safaricom. It allows users to save and borrow money through their mobile phones, reaching millions who were previously unbanked.
For SMEs in Kenya, embracing financial inclusion means tapping into these digital tools to unlock new opportunities. It's about seizing control of your finances and making informed decisions that drive growth. By leveraging platforms like Lipabiz or M-Shwari, you can compete on a level playing field, reach new markets, and scale your business.
In the digital age, financial inclusion is no longer a luxury but a necessity for Kenyan SMEs. Embrace it, and watch your business thrive.
