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Safaricom, NCBA, KCB tasked to form loan scheme for SMEs with interest rates below 10pc daily

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Kenya's President William Ruto tasked Safaricom, NCBA, KCB to form loan scheme for SMEs with interest rates below 10pc daily
[Kelly Ayodi, Standard]

President William Ruto wants mobile service provider Safaricom, NCBA Bank and Kenya Commercial Bank (KCB) to introduce loan schemes for Small and medium enterprises.

Speaking in Nairobi on Wednesday, the head of state directed government officials to see to it that his proposals are effected.

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