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Commercial banks reject charcoal dealers' loan applications
"Charcoal dealers are being shunned by financial institutions to encourage them to adapt to climate change," Bob Alinda, a financial expert, says.
The event was attended by financial induct regulators, bankers, heads of Savings and Credit Co-operative Organisations (SACCOs) as well as other microfinance institutions that target specific communities. (Courtesy Photo)
By: NewVision Reporter, Journalist @NewVision
Some banks and other players in the financial industry say they have started rejecting loan applications from charcoal dealers.
The move is expected to address deforestation and climate
The move is expected to address deforestation and climate