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Solar focused traders to benefit form Co-op Bank’s Sh750m credit

Small and Medium businesses focusing on green projects can now draw from Sh750 million fund extended to the Co-operative Bank of Kenya by the African Guarantee Fund (AGF).

The guarantee facility will enable Co-op Bank to strengthen its commitment to financing small businesses and on the other to promote emerging corporates in Kenya that are involved in green energy and solar installation projects.

Through this partnership, Co-op Bank will avail the opportunities to customers across the country.

African Guarantee Fund (AGF) is a non-bank financial institution whose objective is to promote economic development, increase employment and reduce poverty in Africa by providing financial institutions with guarantee products and capacity development assistance specifically intended to support SMEs in Africa.

Read more: Kenyans

 


 

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