The local leather industry has received a shot in the arm after the establishment of a Sh130 million revolving fund to help SMEs in the sector scale up production.
Industry, Trade and Co-operatives secretary Adan Mohamed said the Kenya Industrial Estates (KIE) would manage the fund from which the SMEs would borrow at low-interest rates.
“PTA Bank has provided Sh30 million while the government has set aside Sh100 million for the kitty. Read more. Source | Business Daily