GOVERNOR KIRAITU COMES TO THE RESCUE OF "BODABODA" OPERATORS, "MAMA MBOGA" WHEELBARROW OPERATORS AND OTHER SMALL BUSINESSES IN POST-COVID-19 RECOVERY PLAN
The Governor of Meru County H.E. Kiraitu Murungi together with Cabinet Secretary for Industrialization, Trade, and Enterprise Development Hon. Betty Maina, have today launched the Meru Post-COVID-19 Recovery (2020-2022) for small and micro enterprises (MSE) at KEMU grounds.
Since Governor Kiraitu Murungi realizes how hard COVID-19 hit and destroyed small businesses for the people of Meru such as bodaboda operators, mama mboga(green produce, cereals, small shops, and kiosk owners), and all small entrepreneurs, he has created a recovery program where working with the national government through Ministry of Trade, Industry and Enterprise Development, the County Government of Meru will spend up to Sh80.5 million to rescue and revive these businesses.
In the program, small business owners will be given unsecured loans at an interest rate of only 1% over up to one month, which will be guaranteed through memberships within Market Associations.
Speaking at the Launch, Cabinet Secretary Hon. Maina thanked Governor Kiraitu for creating market Committees, and Associations through which the disbursement of the loans will be done and monitored to ensure the kitty helps to uplift and revive small businesses in the County.
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