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Choice Microfinance Bank ups quest for more capital

photo:courtesy

Choice Microfinance Bank wants to increase its capital position and seek a new license to transition from a community-based institution to a national one.

The microfinancier, which was licensed by Central Bank of Kenya (CBK) two years ago, said at the weekend its shareholders were in the process of raising fresh capital that will see it get a licence to expand beyond Rongai, Kajiado County.

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