More voices for change:

http://www.businessdaily...01940-s21gyaz/index.html

Havent heard of a lobby group specifically for SME's.

I tend to think that the lack of choice is the issue though. If am in an enterprise and I can generate a 35% return, there is no reason why I cant afford a 25% interest loan. But as its stands now, while the loan maximum rate is 14%, the nature of enterprise may be too risky for the banks to loan me at 14%. So my business opportunity stays unexploited...while the banks stay with their money (or park it in T/bonds). In net terms am the greater loser.

What is sad is that probably the SME's together with the informal sector are the biggest employers (outside of government)...and they are the ones taking the hit.

@tomboy...loans are not meant only for the strong and stable companies. Infact those very startups and loss making companies are the ones that need the loans most.
We can argue but bottom line is the intention of government is good. But banks have successfully frustrated that intention. And those who need loans have no other recourse other than to get funds outside the formal system.

@obiero..lol

You dont hire people that need jobs. You hire people who can perform the tasks required of them. With M- Akiba bond + pesalink, the banks will get squeezed even further. If Govt does not give in to undue pressure from those already looting from banks, the banks will have to style up and do proper lending.