KCB receives Sh4.2bn to fund women businesses in Kenya

Kenya Commercial Bank branch along Mama Ngina Street in Nairobi County.  

Photo credit: File | Nation Media Group

KCB Bank Kenya has received €30 million (Sh4.2 billion) from the Bill & Melinda Gates Foundation and the European Investment Bank (EIB) for onward lending to women entrepreneurs and startups.

The lender said the funds would be disbursed through its Female-Led and Made Enterprises (FLME) and the KCB 2jiajiri programmes.

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