Microfinance services have been introduced in Nairobi slums to support entrepreneurs, particularly women who face unique challenges. Qualitative and quantitative methods were employed with a mixed-methods approach to gather data from 150 interviews and financial records of 30 microfinance clients in Nairobi slums. Microfinance provided by microfinance institutions (MFIs) was found to be gender-neutral, although MFIs need to address potential biases within their lending criteria and practices. While overall impact on gender dynamics is positive, further research is needed to ensure equitable distribution of benefits among all entrepreneurs. MFIs should develop more targeted programmes for female entrepreneurs, including mentorship opportunities and financial literacy training.
Mwangi Kiunjuri (Sun,) studied this question.
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