The following are the major sources
of funding for entrepreneurs:
- Personal finances
- Friends and family
- Angel Investors
- Debt financing
- Equity financing
- Customer financing
- Government–sponsored programs
- SACCOS-Savings and Credit Cooperative Society
- Financial Institutions such as NMB,CRDB,NBC, Akiba
Commercial Bank. Their
services can be on Business loans and Bank
overdraf.
- Micro-Financial Institutions such as Small Enterprises
Development Agency(SEDA),Promotion of Rural Ititiatives and Development Enterprises (PRIDE) and
Presidential Trust Fund
- Hybrid Financing (Various financial services combining
personal Finances and loan Financing)
- The sale of un-utilized and un-profitable assets
- Credits from Suppliers of
Materials to the entrepreneur.
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