In streamlining the County staff economic welfare, the Department of Public Service Management held a consultative meeting with different financial institutions to discuss matters regarding loans and incentives.
Led by PSM Chief Officer Ann Koech, the parties reviewed and signed a new Memorandum of Understanding on modalities and ways of offering financial services with low and affordable interest rates to county staff.
The CO reiterated that her department is keen on ensuring that they engage all lending institutions and ensure that all employees are not exploited at the event of repaying the loans.
As an institution, we are pleased to once more partner with you as you engage our staff to offer loans and on equal measures, we are keen on ensuring that you offer pocket-friendly interest rates without exploitation,” she said.
On her part County Human Resource Manager, Irene Kapting’ei lauded the institutions for frequently holding links with the county every time they receive requests on loans.
“…I am pleased with how most of you are engaging my office for relevant assistance before offering the loan to avoid complaints,” said Kapting’ei.
The meeting was attended by representatives of seven financial institutions who expressed their gratitude to the County administration for enabling them to work with this institution in a friendly way and promised not to bridge terms on the MOU.