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Why State’s credit scheme is a double-edged sword for SMEs

A credit guarantee scheme proposed by the National Treasury to assist small businesses access cheap loans will also help the government to kill two birds with one stone.

Treasury plans to use the Sh3 billion kitty to uplift micro, small and medium enterprises (MSMEs) that have been devastated by Covid-19 to access cheap capital, thus saving millions of livelihoods.

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