The Star (Nairobi)

5 December 2012

Kenya: Migori Traders Get Sh2 Million Loans

Migori smallscale traders have been granted Sh2 million loans to expand their businesses.

"The government is not seeking any profit from the loan but it will help traders to expand their business to enable the creation of employment for the youth," John Kerina, Migori district trade and development officer said.

He was addressing smallscale traders, Migori Municipal Council officials and representatives of Chamber of Commerce on Monday in Migori town.

The group had met to discuss the state of small businesses.

The businesspeople will be eligible for Sh100,000 funding for two years when they have paid up the loan.

Ads by Google

Copyright © 2012 The Star. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.