A Murang'a-based Sacco has advanced more than Sh200 million cheap credit facilities to Micro, Small and Medium Enterprises (MSMEs) from a loan facility sourced from Kenya Development Corporation (KDC).
Last year, Amica Sacco secured a loan facility of Sh 300 million from KDC under the Safer project aimed to provide MSMEs with cheap credit facilities.
During the Sacco's 27th AGM, Amica Sacco CEO Dr.
James Mbui revealed Sh110 million had been advanced to entrepreneurs and another Sh118 dedicated to agribusiness members.
