News that small traders will, in the next financial year, start getting low-interest loans from local commercial banks, is to say the least, uplifting, given the challenges that many of them are facing at the moment.
The State has set aside Sh3 billion as seed capital, and even enlisted the support of multilateral lenders to help craft a guarantee scheme for this segment of the economy. However, beautiful as the plan may be, the government needs to show commitment that it is ready to walk the talk.
