Treasury KES 600m deal with micro financiers
19 December 2012, 12:02
Nairobi - The Treasury on Tuesday signed subsidiary KES 600 million loan agreements with four Deposit Taking Microfinance institutions (DTMs).
According to Capital News, the institutions are the Kenya Women Finance Trust (KWFT), Faulu Kenya, SMEP and Rafiki.
The funds were made available to the Kenyan government by the International Fund for Agricultural Development are intended to reduce poverty in rural areas by making available credit facilities at competitive interest rates.
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