Manufacturers top debt roll from the giant State agency

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Director General, Kenya Development Corporation, Norah Ratemo. FILE PHOTO | DENNIS ONSONGO | NMG

Manufacturers received the largest share of loans disbursed by the Kenya Development Corporation (KDC) in 2023.

Data from the State corporation shows it disbursed Sh1.14 billion in low-cost loans last year. This amount was however only 28.6 percent of the Sh3.98 billion the company had approved for lending during the period.

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Note: The results are not exact but very close to the actual.