The Standard | by Fredrick Obura
The cabinet has approved a credit guarantee scheme targeting the Micro, Small and Medium Enterprises (MSMEs) during the COVID-19 period.
The scheme will have an initial seed capital of Sh10 billion to be capitalised in two tranches of Sh5 billion in the financial year 2020/21 and Financial Year 2021/22.
The State’s contributions are expected to be followed by contributions from Development Finance Institutions and participating commercial financial institutions…
