Absa, fintech in deal to increase loans for women-led businesses

ElizabethWasunna

Elizabeth Wasunna-Ochwa, is the Director of Business Banking-Absa Bank Kenya. 

Absa Bank Kenya has inked a deal with a digital financing platform to increase access to credit for women-led micro-and small-sized enterprises under the lender’s Sh10 billion kitty.

The agreement with Melanin Kapital, an MSME-focused financing marketplace, targets 600 businesses with an annual turnover of at least Sh1 million.

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