Good news for small traders as CBK introduces the cheapest loans dubbed ‘Stawi’.
In a move signaling a revolution in the financing of micro, small and medium scale enterprises (MSMEs) Central Bank of Kenya (CBK) Govemor Dr. Patrick Njoroge led five commercial banks in launching the pilot phase of a mobile loan product targeting MSMEs. The mobile-based credit scheme is set to improve access to credit for small-to-midsize … Read more