Esther Muchemi: There is a Place for Borrowing if you want to Enter the Club of the Next Billionaires

About 400,000 SMEs close shop in Kenya every year, majorly because of lack of enough capital. To avert this, most result to borrowing to finance their ventures while others shy away from the same.

Reknown Kenyan Entrepreneur and CEO of Samchi Group, Esther Muchemi says there’s a place of borrowing in building business wealth.

In a video shared on her facebook page, the entrepreneur regrets having not borrowed early in her business adventures and advices those in business to take advantage of available financing opportunities for their ventures.

However, she warned that borrowing for luxury is a “recipe for disaster” and she does not support it.

The post is as below

https://www.facebook.com/ItsEMuchemi/videos/4286995441385119