Browsing: women entreprenuers in Kenya

• Standard Chartered Kenya has partnered with business accelerator Somo to launch a program that would allow women to access loans ranging between KSh250,000 and KSh2 million at an interest rate of 5%
• Disadvantaged women in Kenya have a chance of accessing small-ticket loans to support their businesses
• The loans, which are designed to help the women restore and revitalise their businesses, will be payable over a period of up to 3 years

Disadvantaged women in Kenya have a chance of accessing small-ticket loans to support their businesses under a plan by Standard Chartered Kenya in partnership with business accelerator Somo.

Women in business will be able to access loans ranging from KSh250,000 to KSh2 million, at an interest rate of 5 percent. The loans, which are designed to help the women restore and revitalise their businesses, will be payable over a period of up to three years.

StanChart said the …

• KCB Bank Kenya has set aside KSh 250 billion to fund women entrepreneurs in the next five years, cementing the Bank’s role in catalyzing economic growth
• In a newly revamped women offering, the Bank will extend the funding to women-led and owned Small and Medium Enterprises (SMEs) across the country
• Under the KSh 50 billion a year platform, Female-Led and Made Enterprises- FLME, KCB Bank seeks to support entrepreneurship, job creation, and strengthen its outreach

KCB Bank Kenya has set aside KSh 250 billion to fund women entrepreneurs in the next five years, cementing the Bank’s role in catalyzing economic growth.

In a newly revamped women offering, the Bank will extend the funding to women-led and owned Small and Medium Enterprises (SMEs) across the country.

To unlock this, KCB Bank has already eased credit requirements and documentation such as security to support businesses in a transformation that will guarantee faster …