Equity to fund private schools Covid upgrade

Equity Group chief executive James Mwangi. 

Equity Group chief executive James Mwangi. 

Photo credit: File | Nation Media Group

Private schools can now access operational capital of up to Sh200 million after listed lender Equity Group inked a partnership pact with the Kenya Private Schools Association (KPSA).

KPSA chairman Mutheu Kasanga said its members, currently facing cash flow challenges qualify for development and mortgage financing starting at an unsecured facility of up to Sh3 million rising to ShSh200 million.

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