Abstract: Small and Medium Sized Enterprises SME’s especially those owned and managed by women face great challenges when it comes to sourcing for capital for growth and start up. A global Markets institute study notes that Women-owned SMEs face barriers to business entry and growth due to limited access to capital, weak property rights which manifests through lack of collateral together with discriminatory laws and customs that directly affect women in business. Also noted is that women owned enterprises faces broader challenges that results from macroeconomic and microeconomics challenges caused by national policies that are beyond the control of non-state actors. This research paper looks critically at how countries have innovated their national micro economic policies to promote the inclusion of women in finance and specifically how interest capping in the Kenyan finance sector has affected women owned SMEs to access funds for capital.
Keywords: Capping rate, women, Central Bank of Kenya, SMEs.
Title: Financial Inclusion of Kenyan Women in Business an Analysis of Structural Effect of Monetary Policy Innovations to Access Finance
Author: Obadiah Wambua, Kelly Mataiyan, Jane Gatobu, Mercy Maritim, Nge’no Kwa
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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