Broad based growth is strongly linked with the development of the small and medium enterprise sector. Few financial institutions address this market effectively. The products and underlying risk management techniques of mainstream commercial banks fail to 'scale-down' to reach many SMEs while those of micro-finance institutions typically don't 'scale-up'. Successful products for this market can borrow techniques from both, but a more nuanced approach is needed which address the distinctive credit management challenges posed by SMEs. Again international experience shows that techniques can be developed which allow SME lending to be undertaken profitably in a developing economy context. FSD Kenya activities under this area include: