SAFER sparks job growth and business boost in Kenya
The World Bank and Kenya launched a $100 million, five-year program in 2022 to help small businesses recover from pandemic disruptions. The Supporting Access to Finance and Enterprise Recovery Project has distributed 1.96 billion shillings to more than 37,000 micro, small and medium enterprises by July 2025.
Survey results show 56 percent of participating businesses have added or upgraded jobs, creating an average of 3.3 positions per company. The program has enabled firms to offer better wages, stable work schedules and benefits such as health insurance and paid leave. Workers also receive training in financial planning and savings strategies.
Animal feed producer Robert expanded operations to two locations after securing cooperative financing through the initiative. Horticultural farmer Lucy expanded her tomato farm from 1 to 10 acres, enabling exports to Uganda and seasonal employment for 50 workers.
Financial institutions can access an additional $30 million to extend loans to more enterprises. Nearly 95 percent of beneficiaries report that the program improved business performance and expect benefits to continue past 2026.
