{"id":14667,"date":"2024-05-06T13:30:43","date_gmt":"2024-05-06T13:30:43","guid":{"rendered":"https:\/\/www.getufm.co.ke\/?p=14667"},"modified":"2024-05-06T13:30:46","modified_gmt":"2024-05-06T13:30:46","slug":"nairobi-governor-johnson-sakaja-outlines-2-prerequisites-for-boda-riders-to-qualify-for-county-loans","status":"publish","type":"post","link":"https:\/\/www.getufm.co.ke\/?p=14667","title":{"rendered":"Nairobi Governor Johnson Sakaja Outlines 2 Prerequisites For Boda Riders To Qualify For County Loans."},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.getufm.co.ke\/wp-content\/uploads\/2024\/05\/boda-boda-data-1024x576.jpg\" alt=\"\" class=\"wp-image-14668\" srcset=\"https:\/\/www.getufm.co.ke\/wp-content\/uploads\/2024\/05\/boda-boda-data-1024x576.jpg 1024w, https:\/\/www.getufm.co.ke\/wp-content\/uploads\/2024\/05\/boda-boda-data-980x551.jpg 980w, https:\/\/www.getufm.co.ke\/wp-content\/uploads\/2024\/05\/boda-boda-data-480x270.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Under the leadership of Johnson Sakaja, the Nairobi County government has unveiled criteria for boda riders and poultry farmers to access loans through a new proposal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Outlined in the Biashara Stimulus Program, individuals in Nairobi engaged in these sectors must either be registered with the county or affiliated with a Common Interest Group to qualify. This requirement ensures that each applicant has a group-backed guarantor, a stipulation aimed at facilitating loan eligibility. The proposal, crafted by Governor Sakaja&#8217;s administration, addresses concerns voiced by city residents during a public participation session.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"746\" src=\"https:\/\/www.getufm.co.ke\/wp-content\/uploads\/2024\/05\/GMqJsDtWcAAsD0e-1024x746.jpg\" alt=\"\" class=\"wp-image-14669\" style=\"width:823px;height:auto\" srcset=\"https:\/\/www.getufm.co.ke\/wp-content\/uploads\/2024\/05\/GMqJsDtWcAAsD0e-1024x746.jpg 1024w, https:\/\/www.getufm.co.ke\/wp-content\/uploads\/2024\/05\/GMqJsDtWcAAsD0e-980x714.jpg 980w, https:\/\/www.getufm.co.ke\/wp-content\/uploads\/2024\/05\/GMqJsDtWcAAsD0e-480x350.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, the proposal extends to hawkers, who must either possess a business permit or be affiliated with a group to be eligible for the program. Informal business operators, including those operating under temporary structures, are required to obtain a Unified Business Permit (UBP) and join a group, association, or chama.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, digital businesses meeting the outlined qualifications will also be considered for loans.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Upon implementation, program beneficiaries will undergo mandatory, free training facilitated by the county. Moreover, the county plans to subsidize loan interest rates.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A key requirement stipulates that all members of a Common Interest Group must maintain a positive Credit Reference Bureau (CRB) status. Loan applications will be submitted individually, with the remaining group members acting as guarantors. Both the applicant and guarantors must have a positive CRB status to qualify for a loan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The county encourages eligible business owners to form groups and seize the opportunities presented by the forthcoming program. Loan limits will increase with each borrowing cycle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Under the leadership of Johnson Sakaja, the Nairobi County government has unveiled criteria for boda riders and poultry farmers to access loans through a new proposal. Outlined in the Biashara Stimulus Program, individuals in Nairobi engaged in these sectors must either be registered with the county or affiliated with a Common Interest Group to qualify. [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":14668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12,3],"tags":[],"class_list":["post-14667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/www.getufm.co.ke\/wp-content\/uploads\/2024\/05\/boda-boda-data.jpg","_links":{"self":[{"href":"https:\/\/www.getufm.co.ke\/index.php?rest_route=\/wp\/v2\/posts\/14667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.getufm.co.ke\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.getufm.co.ke\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.getufm.co.ke\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.getufm.co.ke\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14667"}],"version-history":[{"count":1,"href":"https:\/\/www.getufm.co.ke\/index.php?rest_route=\/wp\/v2\/posts\/14667\/revisions"}],"predecessor-version":[{"id":14670,"href":"https:\/\/www.getufm.co.ke\/index.php?rest_route=\/wp\/v2\/posts\/14667\/revisions\/14670"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.getufm.co.ke\/index.php?rest_route=\/wp\/v2\/media\/14668"}],"wp:attachment":[{"href":"https:\/\/www.getufm.co.ke\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.getufm.co.ke\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.getufm.co.ke\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}