Tier one lender Co-operative Bank has teamed up with International Finance Corporation to empower small businesses through networking and training programmes countrywide in a Sh15 billion project. Director retail and business banking at Co-operative Bank Arthur Muchangi said the lender has invested hours and money to understand what their clients want, and how they can thrive. From the bank’s engagements, it found out that MSMEs account for over 90 per cent of the local private sector, and employ over 15 million Kenyans. We have made available a substantial Sh15.2 billion for loans including unsecured business loan, revised and pre-approved limits on overdrafts and loans,” Muchangi added. Keep your word and be honest,” Edward Kariuki, MD of Raerex Group said.

Source: The Star February 15, 2019 20:48 UTC