SAFER
Supporting Access to Finance and Enterprise Recovery
About the Project
The Supporting Access to Finance and Enterprise Recovery (SAFER) project is a World Bank-financed initiative implemented by the National Treasury of Kenya. Its primary objective is to increase access to financial services, enhance business capabilities, and support the post-COVID-19 economic recovery of Micro, Small and Medium Enterprises (MSMEs) across Kenya.
The project works through three interconnected pillars: providing liquidity support to informal sector MSMEs through SACCOs and financial intermediaries; de-risking MSME lending through the operationalisation of Kenya's Credit Guarantee Scheme (CGS); and building ecosystem resilience by strengthening governance, risk management capacity, and operational efficiency among financial institutions serving MSMEs.
SAFER has directly benefited over 36,000 MSME clients through participating SACCOs and supported the creation and retention of over 25,000 jobs, with a deliberate focus on women-owned and youth-led enterprises.