Nathan is an access to finance specialist

By Nathan Were It has been one year since the Covid-19 pandemic hit the world. It has destroyed livelihoods, shuttered people’s dreams, and sunk businesses. The containment measures that followed the onset of the pandemic have been more disruptive than the disease itself. One sector that was predicted to suffer from the aftermath of the pandemic following lockdowns and restricted movements, was microfinance – a sector that mobilizes small savings and extends microloans to micro and small businesses, largely operating in the informal sector. Earlier predictions had shown, that the pandemic would wipe out many institutions’ equity and lending capital…

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