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Equity inks Sh11b loan for lending to SMEs

Equity Group MD and CEO Dr. James Mwangi [PHOTO: Wilberforce Okwiri, Standard]

Equity Group Holdings has signed a Sh11 billion loan facility to support micro small and medium enterprises (MSMEs) during the coronavirus pandemic.

The deal was signed with Team Europe, Germany’s DEG, the Netherlands FMO and the UK’s CDC Group in Nairobi yesterday.

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