KCB launches 250bn fund to support women businesses

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    KCB Bank Kenya has launched a 250 billion entrepreneurs' fund to support women-led small and medium enterprises (SMEs) over the next five years.

    While taking note that almost 80 per cent of women-owned businesses have limited or no access to credit due to lack of collateral, the CEO reaffirmed the bank’s commitment to championing Sustainable Development Goals (SDGs) goals Numbers 1, 8, 10 and 17 on eradicating poverty, decent work and economic growth, reduced inequality and partnerships respectively.