Covid-19 financial distancing for MSMEs in Kenya
Nathan Mwenda Mutwiri ORCID ↗
International Journal of Research in Business and Social Science · 2021 · Vol. 10 / Issue 3 · 357-362
Publication metrics
External links open provider records or DOI searches. Provider counts are not combined. Mendeley readership measures saves, not citations.
Dimensions
Live provider badge. If unavailable, use the Dimensions link above.
Observed 21 Oct 2026, 07:22 UTC
Observed 21 Oct 2026 00:49 UTC
OpenAlex and Mendeley observations refresh on article visits, at most once per 24 hours. Unavailable data is not zero. Google Scholar opens a DOI search.
Citations received by this article, grouped by the year of the citing work. Crossref and OpenAlex lifetime totals remain separate in Publication metrics.
2017–2026 Annual history last updated:
Citations received
OpenAlex · year of the citing work
Hover over a year or focus the chart and use arrow keys to inspect values.
2017–2026 annual-history window. 2026 is year to date. Unknown years have gaps.
View data & coverage
2026 is incomplete. Within a successfully fetched ten-year window, omitted years mean zero. Years beyond a saved observation’s window remain unknown (—). Older citations are excluded, so this chart’s sum may differ from the OpenAlex lifetime total. The date above belongs to this annual history; an unsuccessful refresh keeps the previous observation.
Abstract
The Micro Small and Medium Enterprises (MSMEs) are important for every nation’s economic development. They provide employment and spur the growth of multiple sectors in the economy. The Covid-19 pandemic has negatively affected MSMEs' performance. The study seeks to demonstrate why COVID 19 may lead to the terminal quarantining of MSMEs. The study is anchored on decision usefulness and information asymmetry theories. The study adopted a descriptive research methodology and sampled MSMEs within Nairobi City County. The study used SPSS to analyze data in addition to Microsoft excel. The study found that over 70% of MSMEs had their sales decline by over 65% while 95% of them had their sales decline by over 30%. The study found that about 68% of MSMEs lacked financial management skills. The study recommends that with legal and institutional reforms, the government needs to develop a financing framework for MSMEs.
Keywords: {'name': 'Covid 19'}, {'name': 'Pandemic'}, {'name': 'Financial Distancing'}, {'name': 'MSMEs'}
Authors & affiliations
Nathan Mwenda Mutwiri
Affiliation not supplied
Deposited references
Supplied references, not a list of publications citing this article.
Afeef, M. (2011). Analyzing the impact of working Capital Management on the profitability of SMEs in Pakistan. International Journal if business and social sciences, 2(22), 173-186.
DOI: 10.15640/jsbed.v7n1a3
DOI: 10.5539/ijbm.v8n24p73
Atkinson, A. (2017). Financial education for MSMEs and potential Entrepreneurs. Paris: OECD Working Papers on Finance, Insurance, and Private Pensions.
Beck, T. (2007). Financing constraints of SMEs in developing countries. Financing innovation-oriented business to promote entrepreneurship.
DOI: 10.1016/j.jbankfin.2006.05.009
Bradley III, D., & Moore, H. (2000). Small Business bankruptcy caused by a lack of understanding and consumer needs. ICSB Singapore Conference.
Central Bank of Kenya (2015). The world Bank, FSD Kenya. (2015). Finance Business-Supply; Bank Financing of SMEs in Kenya. FSD Kenya.
Chepngetich, P. (2016). Effect of Financial literacy and performance SMEs. evidence from Kenya. American Based Research Journal, 26-35.
DOI: 10.5038/1936-4660.7.1.3
Dandago, I. K., & Hassan, N. I. (2013). Decision Usefulness Approach to Financial Reporting: A Case for Malaysian Inland Revenue Board. Asian Economic And Financial Review 3(6), 772-784.
Dawuda, A., & Azeko, I. (2015). An assessment off financial records-keeping behavior of small-scale business in Ghana;A case study of Bolgatanga Municipality. International Journal of Finance and Accounting 4(3), 187-194.
Kenya Treasury. (2011). Kenya: A Comprehensive financial sector Reform and development strategy.
KNBS. (2016). Micro, Small & Medium Establishments Basic Report. Kenya National Bureau of Statistics.
Koitaba, E. (2013). Analysis of factors influencing financial control financial literacy in community-based organizations in Baringo County, Kenya. MBA Thesis, Kabarak Public sector in Mirangine Sub-county, Kenya.
Muchira, B. W., & Jagongo, A. (2014). Record keeping and Growth of Micro and Small Enterprise: An Empirical Study and MSES in Selected Urban Centers in Kenya. Global Journal of Commerce and Management Perspective 3(6), 79-87.
Nunoo, J., & Andoh, F. (2012). Sustaining Small and Medium Enterprises through Financial service Utilization: Does Financial Literacy Matter? Agricultural & Applied Economics Association'S 2012 AA Anual Meeting. Seattle, Washington.
DOI: 10.1186/s13731-016-0041-0
DOI: 10.1007/s11294-011-9316-1
Staubus, G. J. (2000). The Decision Usefulness Theory of Accounting. Routledge.
Udoh, C. (2005). Causes and Effect of poor Accounting Records management in Vegetable Oil and associated Industries, south-eastern Nigeria. Bayero International Journal of Accounting 2, pp 240-150.
Usama, K. M., & Yusoff, W. F. (2019). The Impact of Financial Literacy on Business Performance. International Journal of research and Innovation in Social Science, 84-95.
Viffa Consult. (2018). Kenyan SME Financial Survey.
DOI: 10.1007/s10708-019-10111-4