The partnership also involves the KCB Foundation, which will offer financial capacity-building to KNCCI members. This, he said, will be done by facilitating credit flow to the critical SME sector, including the informal industry, jua kali. KNCCI president Richard Ngatia said the partnership will boost efforts in supporting SME ownners to generate of wealth. “The partnership with one of the largest lenders in Kenya will offer us an opportunity to create a sustainable credit line for our member's businesses growth," Ngatia said. Apart from the credit, KNCCI members will also enjoy non-financial solutions, including advisory, networking opportunities, training and free account maintenance fee for enterprises with over $1,000 (Sh122,550) in their accounts.

Source: The Star December 05, 2022 17:50 UTC