FUNDINGUpdated 2 months ago

Equity Bank Kenya SME Lending

Equity Bank Kenya: largest Kenyan bank ($1.79bn market cap). 72% of loan book is SMEs. AGF $1bn partnership. Pan-African presence: Kenya, DRC, Rwanda, S Sudan, Tanzania, Uganda.

English, French, Portuguese or Arabic, machine translated, with the original kept beside it.
Key Information
Organisation
Equity Bank Kenya
Location
East Africa
Status
Open
Application Deadline
Rolling
Type
Loan
Amount
KES 50,000
Size
large
Language
English
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Description

Equity Bank is the largest commercial bank in Kenya by market capitalization (USD 1.79 billion) and a regional banking heavyweight with operations in Kenya, DRC, Rwanda, South Sudan, Tanzania, and Uganda. Approximately 72% of Equity Banks loan book is committed to small and medium-sized enterprises, making it the dominant SME lender in East Africa. Equity Bank holds a USD 1 billion partnership with the African Guarantee Fund for SME lending and has received a USD 100 million subordinated facility from IFC. The bank operates Equity Asset Finance, Biashara Loans, and Trade Finance products specifically tailored to SMEs.

Focus Sectors

SME, Sector Agnostic, Trade Finance, Asset Finance