The AVLC Group has provided a Ksh.170 million loan to Siraji Savings and Credit Co-operative Society Ltd as part of a World Bank-backed program to help MSMEs in Kenya recover from the Covid-19 pandemic.

• This disbursement is part of a larger World Bank facility channeled through the Kenya Development Corporation (KDC), aimed at cushioning SMEs from economic shocks.
• The loans, like a previous Ksh.500 million facility to Githunguri Sacco, have a tenure of between three and five years at a nine per cent interest rate.
• Siraji Sacco's CEO Felix Ochieng stated the funds will directly support members whose businesses were disrupted, citing a loss of 22,000 birds due to lockdown measures.