11TH EAC JUA KALI/NGUVU KAZI EXPO,2009,TANZANIA

Dear Stake Holders,

REF: INVITATION TO PARTICIPATE IN THE 11TH, EAST AFRICAN COMMUNITY JUA KALI/NGUVU KAZI EXHIBITION SCHEDULED FOR 23rd TO 29TH NOVEMBER, 2009 IN DAR ES SALAAM -UNITED REPUBLIC OF TANZANIA


The East African Community Partner States through East Africa Confederation of Informal Sector Organisations (EAC-CISO) and the EAC Secretariat as a platform have been carrying out marketing initiatives for the MSE Sector products and services through regional exhibitions since 1999.the sector has evolved into a major platform for industrialization and promotion of the potential inherent in the informal sector. It has also been the main driver of social integration in the process of establishing the East African Community, thus providing a crucial factor to propel the process of regional integration

The Exhibition is organized to bring together Micro and Small Entrepreneurs (MSEs) from the East African Region aimed at opening up new market frontiers for their products, encouraging dialogue between the regional entrepreneurs, exchange of ideas and technology through conferences, seminars and workshops, and at the same time reducing poverty in the region through enhanced industrial and commercial trade between the artisans.

The above initiative is managed through the EAC Steering Committee, EA-CISO Secretariat and the Partner States Ministries responsible for MSE development, Sponsors and CISO Country Chapters.

It is now the United Republic of Tanzania’s time to host the 11th, East African Jua Kali/Nguvu Kazi Exhibition this year where we expect to have 1000 exhibitors from the region.

We wish to invite you to participate with us during the said exhibition

Thank you.

Richard N. Muteti
PROJECT MANAGER,EAC JUA KALI/NGUVU KAZI EXHIBITION
DIRECTOR,SMES-EA.
CHIEF EXECUTIVE,Kenya National Federation of Jua Kali Associations

REF: CREDIT RATING FOR THE SME'S IN EAST AFRICA

WE RECOGNIZE THAT THE MICRO AND SMALL ENTREPRENEURS NEED TO ACCESS AFFORDABLE CREDIT TO HELP THEM FINANCE THEIR WORKING CAPITAL NEEDS AND GROWTH, HENCE THE SAID CREDIT RATING INITIATIVE FOR THE MSME’S WILL ASSIST THE MEMBERS TO:

FIND EASIER TO ACCESS CREDIT FROM BANKS AND TRADE CREDIT SUPPLIERS OR MORE CAPITAL FROM DEVELOPMENT BANKS AND VENTURE CAPITALS

IMPROVE THEIR INTERNAL SYSTEMS AND PROCESSES MAKING THEM ATTRACTIVE TO CORPORATE FIRMS WANTING TO DO BUSINESS WITH THEM

WELL RATED MSME’S MAY HAVE COLLATERAL REQUIREMENT RELAXED AND BORROW AT LOWER RATES.
CREDIT RATING WILL ALSO CONTRIBUTE TO LOWERING OF BORROWING AND MAKE DISBURSEMENTS OF LOANS FASTER

THE CREDIT RATING SYSTEM FOR THE MSME SECTOR IS MEANT TO STIMULATE LENDING TO THE SECTOR IN EAST AFRICA

Richard N. Muteti
Director

Programmes and initiative towards supporting the SME's in the EAC Region

Hallo All,

In recognition of the SME sector as the engine of economic development in the East Africa region, we wish to open an interactive forum designed to bring together the various MSE sector stakeholders in the region

This is an interactive site for;

1. Discussion of issues affecting the development of the SME sector in the East Africa Community region
2. Ongoing SME programmes geared towards the support of the sector
3. New innovations from the sector players
4. Exhibitions and trade fares going on or planned within the region
5. New products targeting the sector players
6. Ideas from the rest of the world
7. News from the MSE sector players and associations on their initiatives

You are hereby welcome to share your views and suggestions.

Thank You.

Richard N. Muteti
Associate Director
Small and Medium Enterprise Support, East Africa (SMES East Africa)