Laikipia County sets aside Sh50 million to support small businesses

Department of Trade, Tourism and Cooperatives

The county government has set aside Sh50 million to support small businesses.

The allocation in the enterprise fund got an increase of Sh20 million in the supplementary budget boosted by the prompt repayments of the previously disbursed loans of Sh10 million.

According to Trade, Tourism and Cooperatives County Executive Nicholas Biwott, the devolved unit aims to create more jobs by enhancing the capacity of the existing over 70,000 small and medium-sized businesses.

Applicants can access between Sh50,000 and Sh300,000.

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