EBRD supports small businesses in Kenya
Kenya, July 29 -- The European Bank for Reconstruction and Development (EBRD) is lending US$ 100 million (approximately €85 million) to KCB Bank Kenya Limited to improve access to finance for micro, small and medium-sized enterprises (MSMEs) in Kenya.This MSME credit line will help KCB Bank to reach an underserved segment of the market, supporting businesses that play an important role in economic growth and job creation across Kenya. A total of 35 per cent of the credit line will be lent on to women- and youth-led businesses, while 30 per cent will be allocated to eligible green investments.In addition, KCB Bank will receive technical assistance in the form of training, advisory support and technical expertise in order to strengthen ...
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.