Women's small and medium enterprises for poverty alleviation in Sub‐Saharan Africa

Purpose - The purpose of this study is to focus on women small and medium enterprises (WSMEs) financed by Kenya Women Finance Trust (KWFT) for poverty alleviation in Kakamega District‐Kenya. Design/methodology/approach - The study utilized cross‐sectional data from KWFT and follow‐up field survey data of women beneficiaries of KWFT credit. Multi‐stage stratified sampling technique was adopted to identify 90 women entrepreneurs of the total population of 300. Primary data were gathered using structured and non‐structured questionnaires, interview schedules and focus group discussions. The study adopts both qualitative and quantitative data analysis. Findings - KWFT micro credit has had a positive impact upon women entrepreneurs on income savings, asset creation and their general social welfare. However, the KWFT's fight against poverty is constrained by socio‐culture and other institutional policy issues such as: right to own property, right to education, own land, manage and inherit property, conduct business, among others. Practical implications - Women have shown that they are strong entrepreneurs, borrowers and change agents through WSMEs. Government of Kenya should urgently adopt a gender policy to address socio‐culture issues constraining WSMEs. Further, KWFT should avoid cumbersome loan procedures but rather provide quick and convenient access to credit for women entrepreneurs, simple product offerings, with some flexibility to boost fight against poverty. Originality/value - Linking women entrepreneurship in the context of overall fight against poverty in Western Region in Kenya through KWFT; provide opportunity to add knowledge to current literature critical for academia and women entrepreneurship policy in Kenya in particular, as well as Sub‐Saharan African region.