The long list of requirements that youths have to meet before they can qualify for a bank loan has led some groups to seek other ways of raising capital.
Focus Investment Self-help group, formed last year by 25 individuals, chose the path of pooling funds rather than go for expensive loans. Mr Paddy Kairu, the group's chairperson, says banks discriminate against new ventures.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article