Re: [kictanet] Conflict of Interest

How do we compete with people paying 30% or 40% the interest we do? Are "community" funds / loans subject to CBK rates? On Sep 28, 2012 4:42 PM, "Dennis Kioko" <dmbuvi@gmail.com> wrote:

But Interest rates are quite high here at around 20%. Wouldn't raising it impede credit to local manufacturers?

Bureaucracy remains a big obstacle to local businesses and manufacturing. Lots of licensing, requirements and fees needed before one establishes a new venture.

Focus should shift from trying to reap from those establishing ventures to already established.