Mutua launches Sh40m table banking for women

Machakos Governor Dr Alfred Mutua has launched a Sh40 million interest-free table banking initiative for women undertaking small businesses in the county. He said each of the 40 wards in the county will receive Sh1 million to enable small-scale traders to access capital and propel their businesses.

“My government is committed to ensuring that small-scale traders are propped to earn a living. I have also ordered that levies imposed on small traders be stopped indefinitely,” said Mutua.

Speaking during the launch of the programme in Mwala town, Mutua enumerated various pillars of his manifesto which he said was people driven. To qualify for the fund, one has to be operating a small business and will have to fill forms then receive money via M-Pesa.

The minimum loan amount will be Sh2,000 after which the applicant will qualify for a higher amount upon full repayment, maximum repayment period is two months.

Mutua said the manifesto had the common mwananchi at heart. “It is a manifesto of the present and the future. It is positive and optimistic,” he said.

The Maendeleo Chap Chap party leader also took his campaigns to Makutano Ma Mwala, Mbiuni and Kathama towns where he urged voters to re-elect him. Mutua took a swipe at Wiper governor nominee Wavinya Ndeti saying she had no agenda for the people of Machakos.

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