Nawiri Fund: Natembeya’s Ksh102 Million for Trans Nzoia Traders

Traders from Trans Nzoia County have been urged to apply for the Nawiri fund to enable them to expand their business activities.

Governor George Natembeya on Thursday, March 2, 2023, told traders that his government has allocated Ksh102 million for the program.

“My administration has allocated funds to help you expand your existing businesses. Those who wish to start new businesses should also submit applications within two weeks,” Natembeya said.

The Governor made the remarks at the New Kitale Bus terminus after meeting stakeholders in the local trade industry.

The Nawiri fund, Natembeya said, will only have an interest rate of 3 per cent.

“You see how low that is. Even the hustler fund’s interest is more than ours since it accumulates interest of 8 per cent,” he added.

Enough trading space

Further, Natembeya took the chance to reinstate traders in the space they had taken after works on road repair commenced.

“In today’s message, I urge you to remain in the business space you had taken when you were pushed away by ongoing road works, and to continue running your business to the fullest extent possible while remaining organized and taking care of your customers,” he said.

Natembeya also assured traders that they will get enough trading space at both Muliro and Railway markets after their construction completion.

He said on completion, Muliro Market will accommodate more than 3,500 traders while the Railway market will have more than 2,000 traders.

The Governor also visited BP, Kamukunji, Total, and Railway markets where he assured traders that his government has put in place measures to ensure they operate under a conducive environment.

Natembeya was accompanied by his county secretary Truphosa Awuor, Trade County Executive Committee Member Stanley Kirui, and Governance Chief Officer Sammy Sichangi among other County government officers.