State Department for Micro - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

State seeks Ksh300M to pursue recovery of defaulted loans under Hustler Fund

Sacco ReviewMarch 24, 202603 mins

The State Department for Micro, Small and Medium Enterprises is seeking Ksh 300 million in a supplementary budget to pursue recovery of defaulted loans under the Hustler Fund, with Ksh12.5 billion still unpaid by borrowers. According to the department, the funds will primarily be used for awareness and sensitization campaigns aimed at encouraging defaulters to…

Treasury set to slash Cooperatives Ministry budget by KSh959 million

Sacco ReviewMay 20, 2024May 20, 202404 mins

The Principal Secretary for Cooperatives Patrick Kilemi has urged parliament to consider additional of funds to ministry for successful implementation of reforms. The PS had led a team from the State Department for Cooperatives to a meeting with the National Assembly Committee on Trade, Industry and Cooperatives chaired by Embakasi North MP James Gakuya recently….