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The Government-run Youth Enterprise Development Fund is to start guaranteeing loans borrowed by its members from commercial banks as it seeks to interest more institutions to support upcoming ventures. (more…)
#bank#invoice#purchase order
Kenya Gatsby Trust announced the sale of controlling shares in its financial services project... (more…)
Kenya s Consolidated Bank is looking to raise 1.5 billion to fund expansion, with a focus on the SME finance…
#bank#invoice#trade
A company specialising in financing general businesses, GroFin Africa Fund (GAF), yesterday launched a $160 million scheme for small and…
Treasury figures indicate that demand for loans from the state-supported Kenya Industrial Estates (KIE) rose dramatically in 2008. (more…)
#bank#banks#smes
The IFC, the World Bank's private lending arm, is to extend additional trade finance funding to developing nations. (more…)
#bank#international#International Trade
The private sector is rooting for a single ministry or department to be charged with consolidating the government's funding to…
SMEs are set to be adversely affected by more stringent lending conditions arising from the prevailing global credit crisis (more…)
#banks#funding#JP Morgan
Central Bank of Kenya (CBK) has asked banks to increase lending to SMEs after Governor Njuguna Ndungu took issue with local…
#bank#international#management
Small and medium sized enterprises are set to benefit from a Sh750m credit line extended to the K-rep bank from…
Experian, the global information services company, has signed an agreement to supply Quest Risk Solutions, a subsidiary of Quest Holdings…
Barclays Bank has increased the unsecured business loan limit for the segment in an effort to support growth in the…
International Finance Corporation will lend to the financial sector and will target at least 200 SMEs. (more…)