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Tana River County Microfinance Act, 2017 (No. 7 of 2017).

Pays/Territoire
Kenya
Sous-division territoriale
Tana River
Type du document
Législation
Date
2017
Source
FAO, FAOLEX
Source d'origine
Kenya Gazette Supplement No. 10 (Tana River County Acts No. 7).
Titre complet
An Act of the County Assembly of Tana River to provide for the establishment of a microfinance Corporation and for connected purposes.
Sujet
Agriculture et développement rural
Mot clé
Développement agricole Institution Crédit Fonds spécial Pauvreté Emploi rural
Aire géographique
Afrique, Afrique Orientale
Résumé

This Act establishes the Tana River County Microfinance Corporation as a body corporate and defines its functions, powers and internal organization. The purpose of this Act is to provide for the establishment of a microfinance institution for providing financial services to women and youth in order to promote local business and investment growth; enhance access to capital and credit and financial services to small and medium enterprises; reduce poverty and unemployment; promote local economic growth. The Act also sets out rules regarding microfinancing and the principles that shall underlie such financing. The Corporation shall ensure that the interest rates chargeable on loans are affordable to the small and medium enterprises.

Texte intégral
Anglais
Site web
www.kenyalaw.org