Real People survival hangs on raising new Sh300m capital

Robert Shibutse, the Real People's chief executive, in this file photo taken in 2012 when he was at ECB.

Photo credit: File | Nation Media Group

Cash strapped credit-only microlender Real People Kenya is seeking a Sh300 million capital injection to survive beyond March 2026.

The company, which is now locally owned after a management buyout that separated it from South African Real People Investment Holdings, has disclosed it will consider winding down operations if it fails to secure additional capital in the next nine months.

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