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Principal Secretary for Micro Small and Medium Enterprises (MSMEs) Development Susan Mang’eni has said the proposed KIE offices will avail expertise and credit services to investors so as to set up industries at county levels.
KIE, she noted, has been operating in Nairobi saying taking its services at counties will see improvement of local economy and create employment opportunities.
On Friday speaking in Gatanga, Murang’a the PS stated that KIE has capacity to give loans amounting to millions of shillings to help industrialists establish processing firms especially targeting value addition of agricultural produce.
Mang’eni observed that the proposed industrial parks to be established in counties will benefit greatly from the KIE offices.
She underscored the presence of KIE services at grassroots saying this will pave ways for small scale business to flourish.
Murang’a senator Joe Nyutu called upon youths who sometimes shy off from sources of finances from Youth Enterprise Fund, to get guidance and apply for the money to support in their business initiatives.
His sentiments were echoed by the county woman representative Betty Maina who said with availability of funds, young people can establish small enterprises and avoid being indulged into drugs and alcohol abuse.
During the occasion held at Ndunyu Chege market, Sh. 4 million of Uwezo Fund were issued to 17 new groups and 15 groups for refinancing.