Solv Kenya SME loans hit Sh106 million on strong credit demand

Solv Kenya CEO Sheila Kimani. PHOTO | NMG

Solv Kenya, the Standard Chartered Plc-backed digital marketplace for small traders, has disbursed more than an eighth of its initial credit line a few months after setting up, signalling appetite for supply chain funding.

Solv Kenya CEO Sheila Kimani said the platform has issued Sh106 million loans, about 13.6 percent of initial Sh780 million from financial institutions for onward lending.

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