OUR STORY.

Kenya Industrial Estates.

Micro, Small and Medium Enterprises (MSMEs) are strategic drivers of socio-economic transformation in developing nations. In Kenya’s Vision 2030 blueprint, growth of the manufacturing sector is among the six drivers of the Kenyan economy under the economic pillar. Sustainable Development Goal number nine identifies building of resilient infrastructure, promoting inclusive and sustainable industrialization and fostering innovation as key sustainable development. MSMEs play a critical role in job creation and wealth generation in all sectors of Kenya’s economy.

Kenya Industrial Estates (KIE) is a parastatal and a development finance institution (DFI) in the Ministry of Industrialization, Trade and Enterprise Development established by the Government of Kenya to champion the development of Micro Small and Medium Enterprises (MSMEs) throughout the country with focus on clustering of industries, entrepreneurship development and value addition to locally available raw materials.

The mandate of KIE involves: facilitating the industrial sector by promoting entrepreneurship; providing medium and long term development finance to indigenous MSME and incubation of MSMEs countrywide to facilitate their survival and growth. It indeed facilitates the graduation of micro and small enterprises to medium and large enterprises commonly known as the “Missing Middle’’ as well as facilitating rural industrial development.

KIE conducts SME incubation at its industrial sheds/SME Parks and estates. Enterprises within the incubators are able to access a pool of shared support services to reduce overhead/production costs (e.g. water, electricity, waste disposal, security services, training centres/halls and exhibition halls), management and technical assistance which involve skills upgrading, marketing and advisory services; networking services which creates synergy between client firms and associations, and also acquisition of machinery/equipment and financial support services.

SME credit finance involves providing affordable finance for value addition to individual entrepreneurs, small & medium companies as well as youth and women groups for purchase of machinery, equipment and working capital either for expansion, modernization or rehabilitation focusing on the company’s priority sectors. The amount provided per enterprise is Ksh. 100,000 up to a maximum Ksh. 20,000,000 at subsidized/non- commercial interest rate (10% p.a.). The maximum repayment period is up to 8 years inclusive of a grace period of 3 – 12 months.

In addition, KIE offers Business Advisory Services (BAS) to ensure success and growth of its incubation programme, the agency recruits potential entrepreneurs countrywide through sensitization seminars such as Seminar on Business Opportunities (SBOs) and client orientation programmes (COPs). Other BAS services offered include; undertaking feasibility studies, preparation of business plans, project implementation/supervision/monitoring, entrepreneurial and management training, rehabilitation/ expansion and repositioning/modernization of projects, business counselling and need assessment of SMEs;

KIE also facilitates sub – contracting /linkages in an effort to address various MSME constraints such as access to market for their products, the agency facilitates and enhances the establishment of linkages between the small, medium and the large-scale enterprises. The sole objective of linkages and subcontracting is to nurture small and medium enterprises through technology transfer from the large enterprises; KIE upgrades the technology and standards of the SMEs through equipment upgrading, apprenticeship training and provision of working capital to enable them meet the requirements of the large enterprises.

The agency focuses its activities on the following priority sectors which are labour intensive and critical for youth employment: agro-processing; leather and leather products; textile and apparels; wood / furniture & metal fabrication; electrical and electronics among others. The sectors have identified as critical in the Big Four Agenda and Vision 2030.
KIE’s outreach of 37 branches and SME Parks spread across the country ensures the company’s products and services reach a wider customer base.

Our People

Management Team.

Chairman Board of Directors

Mugambi Imanyara

Mugambi Imanyara holds a Bachelor of Laws (LLB) degree from the University of Nairobi and a Post Graduate Diploma from the Kenya School of Law. He is an advocate of the High Court of Kenya and a Certified Public Secretary. He is a member of the Law Society of Kenya, the International Commission of Jurists and the Commonwealth Law Association.

He has over 28 years’ experience in private practice and consultancy and has consulted extensively for both the Government of Kenya and Non-Governmental Organisations

Managing director

Dr. Parmain ole Narikae

Dr. Parmain ole Narikae is the Managing Director. He holds Doctorate in Business Administration. He also holds an MBA and Bachelor of Science Degree in Business Administration (First class honors) from United States International University. He has wide experience as a career banker having served in senior leadership position as Chief Manager, General Manager and Executive Director in Co-operative Bank and Chase Bank. He is a member of the Institute of Directors.

He joined on 5th September, 2016.

Director

Bob Karina

Bob Karina holds a Master of Science (MSc) in Corporate Finance from the University of Liverpool (UK). He is an accomplished stockbroker, an information technology professional and a successful businessman. He has broad experience in advising institutional and corporate investors, corporate finance consulting and research analysis. He is also the Chairman and Founder of Faida Investment Bank.

He joined the Company on the 2nd October, 2015 and was reappointed on 19/12/2018.

Director

Harriette Chiggai

Harriette Chiggai is an Advocate of the High Court of Kenya and the Former Vice President of the Law Society of Kenya(2018-2019). A holder of MBA- Finance, Strategy and Governance. She is a Certified Professional Mediator (CPM) and serves in the Mediation and accreditation Committee of the Supreme Court of Kenya.

She is a member of International Bar Association (IBA) and serves in the International Trade & Legal Services (ITLS) Committee. She is a Founder of the Face of Bar, the Western Jurists forum and the Nairobi County Youth Board. She is also the Chairman and a Board member of Siasa Place.
She is a certified resident ambassador to the Netherlands having achieved the DVP world greatest potentials on the rule of law and governance.

She previously served as a Council Member Law Society of Kenya where she chaired in – house Committee and the Young Lawyers Committee (among founding members). She has also served as a member, Youth Committee – National Chambers of Commerce and Industry and Deputy Secretary General East Africa Law Society and Chaired the EALS Young Lawyers Committee (Caucus).

She has vast experience in Corporate Governance and Board Management. She is a Legal Consultant and trainer in the vast legal field Including Corporate Governance, labour laws, intellectual property and strategy and risk management.

She is passionate about leadership, governance, youth mentorship and development. She was nominated by PAW Africa as the 2015 Phenomenal African Woman of the year based on her contribution to mentorship programmes and progressive leadership and governance.

She joined the Company on the 14th December, 2018.

Director

Neto Agostinho.

Neto Agostinho is a trained Lawyer from the University of Nairobi. He participated in Human Rights events at the University of Nairobi named Africa’s Fourth Best Oralist on issues Human Rights in 2004, at an event organized by Center For Human Rights, Pretoria, held at Dar es Salaam University. He is currently a masters Student on International Relations at the United States International University in Africa.
Neto represented Ndhiwa Constituency, in Homabay County at the National Assembly of Kenya, as a member of Parliament. He was first elected to Parliament in September 2012 following a by-election in the Constituency and got re-elected in March 2013.

He served in the Committees of Delegated legislation and Justice and legal Affairs at the National Assembly. He was the Vice Chair of Bunge Sports Club, and the Convener of the Parliamentary Caucus on Human Rights. He was also the vice Chair of Common Wealth Africa Parliamentary Human Rights Group.
Neto has a special interest in Human Rights and international Relations. He participates in various Human Rights related activities that range from equality to Economic Social Cultural rights. The legislations he championed in Parliament included amongst other laws, the Health Records and Information Managers Act, the Refugee Bill, The Reparations Bill and the Employment Skills Development bill.
Neto serves as an expert Human Rights Resource person, and has trained parliamentarians in the South East Asia region in March 2016 – Sri Lanka on the role of parliamentarians in promoting and protecting Human Rights. He participated in Human Rights panel discussions in Glion III hearings in Switzerland May 2016. He participated as an expert in Geneva, Switzerland to help draw recommendations for Human Rights Council on early child and forced marriages in November 2016. He has also participated as an expert at the World Refugee Council session in Dar es Salaam Tanzania in 2018 to help highlight durable solutions for Refugees in Horn of Africa. He was a resource person in March 2019 for the Parliament of Georgia on Human Rights and National Security, a program of the European Union. He was a resource person for Parliamentarians in the Pacific region, on Human Rights and Protection of Human Rights at the Parliament of Tonga, courtesy of the Commonwealth Human Rights Secretariat, in April 2019.

Neto Currently is the co- leader of the United Green Movement, a movement which amongst other things, seeks to help realize, civil, political economic, social cultural and Brotherhood Rights in Kenya. He is a member of the Board of Directors of Kenya’s National Environmental Authority (NEMA).

He joined the Company on 14/12/2018.

Director

Mark K. Kebenei

Mark K. Kebenei holds a Bachelors of Science degree in Finance and Economics from the University of Birmingham, Alabama, USA. He is also pursuing his Executive Master’s Degree (EMBA) from the University of Alabama, USA.

He is a seasoned Professional and Corporate leader and has vast knowledge in Financial Management, Investments and Institutions, and also a concentration on Analysis and Policy.

He is an established businessman in the petroleum and gas industry.

He joined the Company on 14/12/2018.

HSC Director

Evelyn Waithîra Nyoike

Evelyn Waithîra Nyoike, HSC is a holder of Masters Degree in Communication from the University of Nairobi, and an Undergraduate Degree in Community Development from Daystar University.

She was conferred by H.E. Mwai Kibaki, an award in the order of the Head of State Commendation (HSC) for her immense contribution in championing Paradigm Shifts in Agribusiness and Civic Education to the Society.

Evelyn has had an iconic career in the media spanning over a decade, working with Kenya Broadcasting Corporation before moving to the Royal Media Services where she was recognized country-wide as the best Morning Show Hostess on a range of matters, majorly Agribusiness, Civic Education and emerging matters in business and Social Economic Affairs.

She has a blazing passion for empowering other people in the spheres economic and/or otherwise, and spends her free time educating the Public and Communities on various Empowerment Engagements.

She joined the Company on the 14th December, 2018.

Alternate Director to Principal Secretary, The National Treasury

Geoffrey K. Mwitari

CPA Geoffrey Mwitari holds an MBA in Strategic Management from Moi University. He is a Certified Public Accountant registered with ICPAK and has wide knowledge in Government Finance and Accounting. Currently working with the National Treasury, Directorate of Accounting Services.

He joined the Company on the 14th October, 2015.

Director

Lucas Kirui

Lucas Kirui holds a Diploma in Sales and Marketing and has experience in procurement management. He also has experience in Marketing and administration.

He joined the Company on the 2nd October, 2015 and was reappointed on 19/12/2018.

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OUR IMPACT.

Social Economic Impact of the Organization.

  • Financed over 25,000 MSMEs across the country;

  • Created over 150,000 direct jobs and over 750,000 indirect jobs.

  • Trained over 400,000 entrepreneurs.

  • Created over 5,000 linkages within and across sectors.

  • Supported over 7,000 youth and women owned enterprises.

  • Financed over 25,000 MSMEs across the country;