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Treasury plans Sh100bn SME loans cover entity


Treasury plans Sh100bn SME loans cover entity
Tuesday December 15 2020
By CONSTANT MUNDA
Summary
The planned entity, which will take a similar approach as the Kenya Mortgage Refinance Company for home loans, targets to partially cover Sh100 billion in loans extended to cash-strapped micro-, small- and medium-sized enterprises (MSMEs).
The Treasury plans to help set up a private sector-led company to de-risk lending to credit-starved small traders after the successful launch of a similar firm for homeowners.
The planned entity, which will take a similar approach as the Kenya Mortgage Refinance Company for home loans, targets to partially cover Sh100 billion in loans extended to cash-strapped micro-, small- and medium-sized enterprises (MSMEs). ....

Albert Mwenda , Credit Bank , Economic Affairs , Kenya Mortgage Refinance Company , Treasury Albert Mwenda , State Backed Credit Guarantee Scheme , Uhuru Kenyatta , கடன் வங்கி , பொருளாதார வாழ்க்கைத்தொழில்கள் , கேந்ய அடமானம் மறுநிதியளிப்பு நிறுவனம் , உஹுரு கெநியாட ,