[kictanet] Why It’s So Hard for Software Developers To Get Loans

Agosta Liko agostal at gmail.com
Sun Jul 29 09:36:50 EAT 2012


Good Piece ...
http://the-star.co.ke/business/andrea-bohnstedt/87104-why-its-so-hard-for-software-developers-to-get-loans

If headlines, white noise on social media and venture capital competitions
are anything to go by, Nairobi’s belly should have burst open by now,
Alien-style, and spawned lots and lots of baby ICT enterprises. That hasn’t
happened yet. And I am not that surprised.

Business Daily picked up this issue in an article on ‘Breaking into Mobile
Apps an Uphill Task for Young
Developers<http://www.businessdailyafrica.com/Breaking+into+mobile+apps+market+an+uphill+task+/-/1248928/1463146/-/gq7ph7/-/index.html>’
this week: ‘Hardly a day passes without a news report that a new mobile
application has been developed in Kenya. However, behind this success is
the untold story of the challenges that developers face as they seek to
break into the market and access funding to develop and market their
inventions.’ .....
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