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Members inject Sh1.5 billion for 25 per cent stake in women bank

About 61,000 members of Kenya Women Holding now own 25 per cent of the Kenya Women Microfinance Bank (KWFT).

The members purchased the stake at Sh1.5 billion through a special purpose vehicle. The stake was sold off by Kenya Women Holding (KWH), which established the microfinance institution as its subsidiary in 2008. KWH is a non-profit that oversees KWFT’s product development and corporate social activities.

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