Busia County has inaugurated a committee of the County Co-operative Enterprise Development Fund and County Trade Development Revolving Fund Board to help in promoting the growth of cooperatives and Small and Micro-Enterprises (SMEs).
Speaking during the inauguration, Busia Governor Paul Otuoma said the two funds aim to promote cooperatives and Small and Micro-Enterprises (SMEs) through access to affordable credit, hence improving the income levels of households. "These funds have been there, but previously there was a management problem.
People were using it for political benefit.
This time we have said that we are considering the needs of our people and the development of our county," he said.
