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Treasury lends Sh600m in soft loans to four microfinanciers
Data from the CBK shows that banks have been more aggressive in taking up newly issued Treasury securities. Photo/FILE
Four microfinance institutions have received a Sh600 million loan injection from the Treasury for on-lending to small businesses, mainly in the agricultural sector.
The loan is under the micro, small and medium enterprises (MSME) programme through which cash is advanced at concessionary rates to deposit-taking micro-finance institutions (DTMs).
