SMEs bag Sh3.3bn under State credit guarantee programme

Treasury

The National Treasury building in Nairobi. 

Photo credit: File I Nation Media Group

A total of 2,190 small and medium enterprises received Sh3.3 billion under the State-backed credit guarantee scheme in the year to June 2022, as the government’s plan to derisk small traders took off at a slow pace.

The National Treasury says enterprises owned by the disabled, youth and women received Sh472.2 million or 20.1 percent of the total disbursements through the Credit Guarantee Scheme (CGS).

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