Siaya Township
rep James Otare has called upon women in town to embrace business and
open accounts with the Kenya Women Finance Trust to enable them enhance their
savings and economic base to accelerate development in the area.
Speaking during the launch of KWFT in Siaya town,
Otare said that business operations have been growing rapidly due to loans
given by banks to improve the economic enterprises and other business in the
area.
He noted that Siaya town has been prone to
insecurity whereby boda boda operators have been the target of hijackers of
their motorbikes.
“We have received calls from the boda boda operators
asking the security to help them curb rampant confiscation of their
motorbikes,” said Otare.
He called upon the security organs in the town to render
security services to the people of Siaya.
The MCA said that business would grow in Siaya town
do the installation of solar lamps that are encouraging the late business
operations.
He challenged KWFT to reduce its interests to enable
women borrow loans.
Meanwhile, KWFT general manager of Western Kenya
Penninah Mwangi said that they decided to open the branch in Siaya town to ease
the services of their customers in the entire county.
The manager challenged women with small scale
business to join the bank to serve their interests and spread their wings.
Mwangi said that the bank allows joint account
opening whereby couples can open the account with them.
The manager advised women that the foundation of the
development is to borrow loans and they should not fear to apply for loans from
the bank to uplift their business and living standards.
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