MEs will start receiving credit facilities from a consolidated fund to be established through a Public Private Partnership.
Industry and Trade Cabinet Secretary Peter Munya says, the government and players in the financial sector are finalizing drafting a bill that will among others see the government act as a guarantor for the SMEs in a bid to de-risk small businesses.
Access to credit has been among challenges that small and medium enterprises face with most financial institutions hesitant to loan them.
15 Feb, 2019  0  Comments
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