The International Finance Corporation (IFC) is set to cushion Equity Bank Kenya (EBK) against loss risks in a Sh2.85 billion ($20 million) project that aims to provide micro-loan support to refugees and small businesses in 14 fragile counties.
The IFC said in a disclosure that it would provide a Sh1.42 billion ($10 million) risk-sharing facility (RSF) to Equity Bank for the project.
