×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

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.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902