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Women belonging to financial backward courses contribute by giving their particular person financial savings to the group at common intervals. Loans are provided to the members of the group by their contributions; (b) Micro Enterprise Improvement Programme (MEDPs): The programme permits SHG members to be up-expert to take up earnings producing livelihood actions. However, this progress is not with out challenges. Regulatory hurdles, competitors from traditional banks and fintech corporations, and the need to constantly innovate are some of the hurdles MFIs face. Maintaining financial stability while increasing companies to more dangerous or unbanked inhabitants segments remains a delicate balancing act. To navigate these challenges and capitalize on growth opportunities, MFIs in Kenya must remain agile and ahead-pondering.

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