Governor Natembeya’s sh.102 Million for Trans Nzoia Traders.
Traders from Trans Nzoia County have been urged to apply for the Nawiri fund to enable them expand their business activities.
Governor George Natembeya on Thursday told traders that his government has allocated sh.102 million for the program.
“My administration has allocated funds to help you expand your existing businesses. Those who wish to start new businesses should also submit applications within two weeks,” Natembeya said.
The Governor made the remarks at the New Kitale Bus terminus after meeting stakeholders in the local trade industry.
The Nawiri fund Natembeya said will only have an interest rate of 3 percent.
“The interest rate will only be 3 percent, you see how low that is. Even the hustler fund’s interest is more than ours since it accumulates interest of 8 percent “he added.
The Governor took the chance to reinstate traders in the space they had taken after works on road repair commenced.
“In today’s message, I urge you to remain in the business space you had taken when you were pushed away by ongoing road works, and to continue running your business to the fullest extent possible while remaining organized and taking care of your customers “he added.
Natembeya assured traders that they will get enough trading space at both Muliro and Railway markets after their construction completion.
Governor Natembeya said on completion, Muliro will accommodate more than 3,500 traders while the Railway market will have more than 2,000 traders.
The Governor also visited BP, Kamukunji, Total and Railway markets where he assured traders that his government has put in place measures to ensure they operate under a conducive environment.
Natembeya was accompanied by his county secretary Truphosa Awuor, trade CEC Stanley Kirui, Governance chief officer Sammy Sichangi and some other County government officers.