The Standard | by Fredrick Obura
Among the several timely responses to Covid-19 disruption by the National Treasury and Central Bank of Kenya to bolster the economy is the Credit Guarantee Scheme for the Small and Medium Enterprises (SMEs).
The Sh3 billion stabilization facility will enable the participating banks (Absa, Co-Op, Credit Bank, DTB, KCB, NCBA and Stanbic) to extend credit to Micro Small and Medium Enterprises that meet the requirements, including compliance with tax obligations and business permits and having a good credit standing…
