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4th February 2021

KEPSA CEO meets Tenakata boss on sme empowerment partnership

On 4th February 2021, KEPSA CEO, Ms. Carole Kariuki Karuga hosted Mr. Sebi Salim, Co-Founder and CEO of Tenakata and Eclectics in KEPSA Offices. The discussion of the meeting centred around partnership opportunities that would provide a robust technology platform to the micro, small and medium enterprises (MSMEs) loan beneficiaries, to manage their cash flow data reliably and build their networks.

Tenakata is a business technology platform designed to empower small businesses in Africa, helping them to keep their financial records and attain financial literacy through business support coaching. The organisation also securely shares reliable information with financial institutions to extend credit to small enterprises to fuel growth in their businesses.

KEPSA in partnership with Mastercard Foundation launched a COVID-19 Recovery and Resilience Program in June 2020 to support women/youth-led or owned MSMEs whose operations have been adversely affected by Covid-19. Over 400 businesses already submitted their applications which are currently at different stages of review. Over 40 businesses have already benefitted from a sum of Ksh. 17 million to boost their business operations.


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