Standard Chartered Bank in partnership with @iBizAfrica-Incubation Centre has today launched the Women in Tech Access to Capital initiative aimed at increasing women’s participation in business. The initiative will help women entrepreneurs access start-up financing and help grow their businesses. As part of the Bank’s Futuremakers initiative, Standard Chartered Bank will initially provide Sh5million revolving funds that will enable Women in Tech alumni access interest free and collateral free loans. “Through our Women in Tech incubation program, we learnt that the biggest impediment of most women-led businesses was access to financial products and services,” said Kariuki Ngari, CEO, Standard Chartered Bank. The initiative will provide entrepreneurs access to interest free and collateral free loans.

Source: The Star April 30, 2021 12:56 UTC