Business Daily | by Constant Munda
The Treasury has capped at Sh5 million the loan under the State-backed Credit Guarantee Scheme launched yesterday to help small traders recover from Covid-19 shocks.
Seven banks have signed up to the first phase of the scheme unveiled by Treasury secretary Ukur Yatani to help cash-strapped micro-, small- and medium-sized enterprises (MSMEs) get part of capital to sustain operations.
In late May, the central bank said such businesses needed urgent help to survive, noting that…
