Sidian receives Sh1.1billion for onward lending to SMEs

Sidian Bank chief executive officer Chege Thumbi. FILE PHOTO | NMG

Sidian Bank has secured Sh1.1 billion from Triodos Investment Management for onward lending to Micro, Small and Medium Enterprises (MSMEs) in Kenya.

The facility, to be repaid in five years, will support the bank in its focus on providing credit to Micro, Small and Medium-Sized Enterprises.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.