International Development written question – answered at on 14 January 2008.
Annette Brooke
Shadow Spokesperson (Children, Schools and Families), Shadow Minister (Education)
To ask the Secretary of State for International Development what steps he is taking to support microfinance institutions during the political disturbances in Kenya.
Douglas Alexander
The Secretary of State for International Development
Since January 2005 the UK has supported Kenyan microfinance institutions through the multi-donor funded Financial Sector Deepening Trust (£19 million in total since inception) that aims to increase access to financial services for the poor. The trust is an independent entity overseen by a multi-stakeholder board. The trust is currently exploring setting up an emergency facility for the industry to help microfinance institutions assist in the recovery efforts in Kenya.
Yes2 people think so
No1 person thinks not
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