1 January 2013

Kenya: Migori Aspirant to Set Up Bank If Elected

Migori governor aspirant Anne Anyanga has promised to start a bank to offer low interest rate loans to locals if elected. Anyanga said The Migori County Bank will be a development micro-finance that will offer loans and train youth and women in business ventures.

"These loans will help spur growth in tobacco, sugarcane, mining and fish industries," she said. She said the bank which will be fully owned by locals will get its starting funds from share capital and local investors which will mainly be deposits made by residents. Anyanga was speaking yesterday in Rongo and Awendo where she made several stop overs.

Copyright © 2013 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.