Merchant Empowerment: How Bitcoin Is Transforming Small Businesses in Kenya

Introduction

For many small business owners in Kibera, access to financial services is a constant struggle. Bank loans are hard to get, transaction fees eat into profits, and inflation reduces the value of hard-earned money.

But through Afribit’s Merchant Adoption Program, local businesses can accept Bitcoin payments, access financial tools, and gain economic independence.

Bitcoin is not just digital money—it is a tool for economic empowerment that is helping businesses grow, sustain, and thrive in the digital era.

– Ronald Mdawida

How Bitcoin Helps Merchants

📌 No bank restrictions – Merchants don’t need an ID or credit score to start accepting payments.
📌 Lower transaction costs – Traditional payment systems charge 3-10% fees, while Bitcoin transactions cost close to zero.
📌 Global accessibility – Merchants can receive payments from anywhere in the world.

Success Stories

🔹 YummyTummy Nuts – A peanut butter business in Kibera now accepts Bitcoin, opening doors to international customers.
🔹 Mama Asha’s Grocery – A small shop now saves in Bitcoin, protecting her savings from inflation.
🔹 Local boda boda riders – Motorcycle taxi operators now accept Bitcoin, making it easier for customers to pay.