Youth, women and persons with disabilities will get more from financing from Jamii Bora Bank in a bid to enable them to raise the high capital required in the procurement of tenders, the banks chief executive Timothy Kabiru has announced.
"Our bank will re-finance all Uwezo Fund beneficiaries who demonstrate outstanding repayment records and strong management capabilities," Kabiru said.
This move comes in line with the president's directive in mid October that all government agencies should allocate 30 percent of all tenders to youth, women and persons with disabilities.
The Ministry of Devolution and Planning said it will back up upcoming enterprises by giving them projects in infrastructure development and agribusiness projects on county and national level.
Jamii Bora Bank said that upcoming enterpreneurs will also get training on how to bid for government contracts and the registration of businesses from ATIX, a business advisory company.