County Sets 8 Million Revolving Fund For Jua Kali

The C.E.C for trade tourism and industrialization Mr.Dismas Polle Mwasambu, together with members of Lamu Jua kali Association at Matuga attending a workshop on juakali empowerment programs organized by Kenya industrial property institute (KIPI). The C.E.C for trade tourism and industrialization Mr.Dismas Polle Mwasambu, together with members of Lamu Jua kali Association at Matuga attending a workshop on juakali empowerment programs organized by Kenya industrial property institute (KIPI). The COAST Photographer

By The COAST Reporter

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Registered Jua Kali artisans in Lamu might finally be getting a lucky break, after the Lamu county government approved plans to set aside kshs 8 million revolving fund that will provide them with loans to boost their businesses.

According to County Executive Committee Member CeC for Trade, Tourism and Industrialization Dismas Polle Mwasambu, the move is aimed at addressing issues of capacity and financing, s well as provide loans to a sector that has often been neglected from mainstream funding.

He revealed that plans are underway to provide at least 300 artisans who are registered with the Lamu county government with funds to grow their businesses

The CeC said Jua Kali sector has long been touted as engines of growth, however, for a long time, most artisans in Lamu have complained of limited government facilitation towards growing the sector.

“The criteria for those who will benefit from the fund are those who are registered as jua kali artisans with the Lamu county government, with proven premises and businesses,” Mwasambu stated, adding that the revolving fund is initially being carried out on a pilot basis.

He stated that the county government will increase funding for the jua kali artisans if the revolving fund proves to be a success by the next financial year.

The CEC also stated that the county government will push for the patent and trademark licenses with the Kenya Intellectual Property Institute to be given to Lamu jua kali members in order to protect their products from scrupulous middlemen who counterfeit their wares.

“The county government is inclined to create a good working environment to Jua kali sector by providing working machines, capacity building programs among other goodies” the county executive stated.

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