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Uashin Gishu County Inua Bishara Fund Act, 2018 (No. 2 of 2018)

Country/Territory
Kenya
Territorial subdivision
Uasin Gishu
Document type
Legislation
Date
2018
Source
FAO, FAOLEX
Long title
An Act of the County Assembly to provide for the establishment of the Inua Bishara Fund, to promote the establishment of new small businesses and industries and/or to promote the development of existing small businesses and for connected purposes.
Subject
General
Keyword
Business/industry/corporations Financing Youth Special fund Gender
Geographical area
Africa, Eastern Africa
Abstract

This Act establishes a Fund for the promotion of new and existing small enterprises in the County, and especially prioritizes the enterprises owned by youth, women and other special interest persons or groups. The Fund achieves this objective through the provision of access to capital and financing facilities, attracting investments in micro and small enterprises, supporting micro and small enterprises to develop linkages with large enterprises, and facilitating the marketing of products and services of micro and small enterprises owned by the residents of Uasin Gishu County in both domestic and international markets. The Act establishes a Committee which shall, among other functions, manage, control and administer the Fund, and additionally, appoint the Fund Manager. The Act provides extensively for the procedure for application for and disbursement of funds/loans to small enterprises.

Full text
English