Nominated Member of The County Assembly Hon. Patricia Mwashighadi, on behalf of Hon Lawrence Mzugha the chairperson of the Committee on Trade, ICT, Industry and Cooperatives Development has today during sitting No.68 responded to the statement sought by Hon. Joseph Kennedy on granting of biashara loans through Datu Sawazisha Fund.
The response stated that, the fund which was launched in the year 2014 under the Taita Taveta County DATU Sawazisha Fund Act, 2014 aimed at improving County’s economy and living standards, provide credit facilities for women, youth and persons with disabilities by enabling them engage in profitable activities that enhance their economic growth as well as promoting and developing enterprises within Taita Taveta County.
Hon. Mwashighadi noted that, the fund became inactive due to lack of budgetary allocation by the then department of Trade and Community Affairs, however the current department of Trade under County Integrated Development Plan (CIDP) III has budgeted Ksh.20 million every year to revive the fund.
Additionally the fund targeted at least 1,100 to be funded by the end of FY 2027/2028.