financial institutions

financial institutions

Equity Bank gets a 5 year line of credit from the Africa Development Bank

1d ago
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Despite powering 70% of Kenya’s economy, the country’s small and medium sized enterprises have been largely ignored by financial institutions as being too risky. But there is light at the end of the tunnel for many of them, after equity bank got a 5 year line of credit from the Africa development bank. The facility, worth 15 billion shillings will be loaned to SME’s in Kenya, Uganda, Tanzania, Rwanda, South Sudan, and the democratic republic of Congo at preferential rates. Watch KTN Live http://www.ktnkenya.tv/live Follow us on http://www.twitter.com/ktnkenya Like us on http://www.facebook.com/ktnkenya