Equity gets Sh10.8bn for lending to SMEs

Equity gets Sh10.8bn for lending to SMEs

Equity Group has signed a Sh10.8 billion ($100 million) loan agreement with French development institution Proparco for onward lending to small and medium-sized enterprises (SMEs). The bank’s chief executive James Mwangi said the funds would be deployed to help Kenyan enterprises alleviate…