Article content NAIROBI — Kenya’s Equity Group Holdings said on Wednesday it had launched a lending facility worth 75 billion Kenyan shillings ($685 million) to help small and medium-sized enterprises (Mess) recover from the economic impact of the COVID-19 pandemic. “For the Mess that have been out of business for a year, working capital has […]
Tag: equity group holdings
EU & EIB give Equity Ksh. 16.5B in funding to support SMEs in Kenya
Equity Group has signed a Ksh. 16.5 billion loan facility with the European Investment Bank (EIB) and the European Union (EU) to support MSMEs. The loan facility was specifically chosen to be in in Kenya Shillings to eliminate the risk of foreign exchange. In response to the COVID-19 crisis, Equity launched a system to support […]
EU in Ksh. 15.8B deal with Equity Bank to support Kenyan business
The European Union and the European Investment Bank, working together as Team Europe, are providing €120 million (Ksh. 15.8 billion) of new support for Equity Bank to enhance financing to Kenyan companies most impacted by the COVID-19 crisis. The financing package will support access to finance at appropriate conditions for Kenyan SMEs, including in the […]
Team Europe partners with Equity Bank to support Kenyan business and agriculture amid COVID-19
The European Union and the European Investment Bank, working together as Team Europe, are providing €120 million (KES 15.8 billion) of new support for Equity Bank to enhance financing to Kenyan companies most impacted by the COVID-19 crisis. The financing package will support access to finance at appropriate conditions for Kenyan SMEs, including in the […]
Kenyan lender Equity starts $685 mln loan facility for small firms
NAIROBI, March 3 (Reuters) – Kenya’s Equity Group Holdings EQTY.NR said on Wednesday it had launched a lending facility worth 75 billion shillings ($685 million) to help small and medium-sized enterprises (SMEs) recover from the economic impact of the COVID-19 pandemic. "For the SMEs that have been out of business for a year, working capital […]
Equity Group Holdings to support SMEs with new $684 million loan facility
On Wednesday, 3 March 2021, Kenya’s Equity Group Holdings announced the launch of a lending facility worth 75 billion Kenyan shillings ($684.62 million) targeting Small and Medium Enterprises (SMEs). The goal is to boost the activities of SMEs in the country after the economic impact of the COVID-19 (coronavirus) pandemic. The facility would make funds […]
Equity Bank To Support More Enterprises Following A Deal With European Institutions
Equity Group Holdings Plc has signed a Kshs 16.5 Billion loan facility with the European Investment Bank (EIB) and the European Union (EU) in its continued commitment to strategically walk with MSMEs during the three years the COVID-19 pandemic is expected to adversely affect the business operating environment as a result of the adoption of […]
Team Europe partners with Equity Bank to support Kenyan business and agriculture amid COVID-19
The European Union and the European Investment Bank, working together as Team Europe, are providing €120 million (KES 15.8 billion) of new support for Equity Bank to enhance financing to Kenyan companies most impacted by the COVID-19 crisis. The financing package will support access to finance at appropriate conditions for Kenyan SMEs, including in the […]
Team Europe partners with Equity Bank to support Kenyan business and agriculture amid COVID-19
The European Union and the European Investment Bank, working together as Team Europe, are providing EUR 120 million (KES 15.8 billion) of new support for Equity Bank to enhance financing to Kenyan companies most impacted by the COVID-19 crisis. The financing package will support access to finance at appropriate conditions for Kenyan SMEs, including in […]
Southern Africa: Equity Creates a Regional Office for Central and Southern Africa Region
Nairobi — Equity Group Holdings has announced the appointment of Yves Cuypers as the first Equity Group Holdings Plc., Regional Director in charge of the Central and Southern Africa Region. Yves is the immediate former Managing Director of Banque Commerciale du Congo (BCDC) which has since merged with Equity Bank Congo (EBC) to form Equity […]