Manufacturers have piled pressure on the National Treasury to raise the loan limit per borrower in a State-backed underwriting scheme to Sh20 million from the current Sh5 million, payable in eight years in a bid to unlock more funding for the cash-strapped sector.
The Kenya Association of Manufacturers (KAM) also recommended that 20 percent of the Credit Guarantee Scheme funds be ring-fenced for small and medium enterprises (SMEs) in the manufacturing sector.
