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Browsing: onward lending
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National Bank of Kenya (NBK) has received $10 million from WaterEquity investment for onward lending to public and private water utility companies
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The NBK, WaterEquity partnership will also benefit micro, small, and medium-sized enterprises (MSMEs) by boosting the KSh 5 Billion NBK Majikonnect programme
- NBK’s collaboration with WaterEquity is also expected to positively and significantly impact the country’s access to water, sanitation, and hygiene services and products
National Bank of Kenya (NBK) has partnered WaterEquity, a global impact investor, for onward lending to public and private water utility companies.
The NBK, WaterEquity partnership will also benefit micro, small, and medium-sized enterprises (MSMEs) by boosting the KSh 5 Billion NBK Majikonnect programme up to an additional USD 10 million.
Acting NBK Managing Director Peter Kioko reaffirmed the bank’s commitment to supporting last mile connectivity in the water sector through increased access to financing.
He described WaterEquity as an entity intentionally focused …