Kenya: Bungoma MCAs Seal Sh5 Million Car Loan Deal

14 April 2014

Bungoma MCAs will each receive Sh5 million car and mortgage loan. The motion was moved by the Finance committee chairman John Nanyakha.

Each of the 63 MCAs and the speaker will benefit from the scheme. The loan will be repaid at an interest rate of 3 per cent on a reducing balance within their stay in office.

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