KNCCI Trans Nzoia lauds President Kenyatta for gradual reopening of the economy

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KNCCI Trans Nzoia officials speaking to the press

The Kenya National Chamber of Commerce and Industry Trans Nzoia County has lauded President Uhuru Kenyatta for the gradual reopening the economy. The chairman Martin Waliaula noted that the President’s speech was timely and his the move will help to stabilize a deteriorating economy.

Waliaula said that most traders have been adversely affected by the Coronavirus pandemic and that they’ve learnt lessons on curbing the spread of the virus. He said they have put up mechanisms of educating their customers on the Covid-19 virus and advising them on methods of preventing its spread.

He said KNCCI has put in place a partnership with Equity Bank to provide loans for small traders to help them in their businesses. He added that a County joint committee has been setup to look into the tribulations that traders have gone through, and will help to offer loans to traders stating that he will co-chair the committee.

He explained that for one to qualify for the loan, he or she must be a customer of the bank, be registered by the chamber of commerce and industry and will have to be taken for training by
Equity bank. He further urged traders to use the available time to register with KNCCI and apply for loans to help their businesses.