×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

World Bank gives Sh5b for lending to small enterprises

The World Bank has given Equity Bank a Sh5 billion loan for onward lending to small and medium-sized enterprises to help them recover from the economic disruption of the Covid-19 pandemic. 

The funds are drawn from the World Bank’s Sh800 billion global facility through its investment arm, International Finance Corporation, and is expected to support SMEs in the manufacturing, health, trade, transport and consumer goods sectors. 

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in