Govt moves to facilitate easy credit access

Kenyans will soon be able to access credit from banks without providing physical collateral. This follows the governments enactment of credit reference bureau regulations that became operational in February this year. Speaking as he presided at celebrations to mark Family Banks 25-year anniversary, President Kibaki said banks should explore ways and means of bringing down the cost of capital to expand business opportunities.

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[OBAMASTINKSLIKEANAPE]

Now we know where BlakFuk OlympDick gets his ideas on how to run an economy.

Just hand more money over to people with no idea as to how they are going to pay it back.

[HEADKE]

Thanks....that goes to the high class and few middle class individual who already are accessed to credits...what happens to that lower class who neither have something to save in the bank nor has that know how...well that constitute the majority of the population.

[siasabora]

Hopefully the Central Bank will act in the interests of small business owners...not mega banks, multinationals and the politically correct dealers. Its the small woman and man that will put this economy on track.

[Patdisel]

Excellent bwana rais. this should help Kenyans exercise the freedom of enterprise regardless of family economic background.