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President William Ruto On High Speed To Save Mama Mboga, This Is After Addressing Loan Lenders

The government welcomes the contribution by development partners to tackling the famine situation in the country.

Aware of the fact that this is the worst drought in four decades, we must step up, create synergy, marshal more resources and adopt a more coordinated, real-time and targeted intervention that will guarantee assistance to the vulnerable people in drought-affected areas.

Received an update from the United Nations Office for the Coordination of Humanitarian Affairs on Kenya’s drought response at State House, Nairobi.

President William Ruto said; We will work with lenders to develop a financial product that will allow Mama Mboga to access credit at a single-digit interest rate the same way big firms do. The Government commits to underwrite the risks that will come with it so that small enterprises can flourish and drive our growth.

At Norfolk Hotel in Nairobi County during a briefing by Safaricom, NCBA Bank and Kenya Commercial Bank; challenged them to think beyond financial inclusion to a more accessible and affordable credit model.

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Kenya Commercial Bank Mama Mboga Nairobi Norfolk Hotel Safaricom

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