Business Daily | by Constant Munda
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).
Acting director-general for Budget, Fiscal and Economic Affairs at the Treasury Albert Mwenda said the launch of…
