ACP GENDER MICROFINANCE FACILITY - KCB KENYA

signed

The facility provides funding to KCB Bank Kenya to support micro and small enterprises impacting positively on gender equality and women's economic empowerment. Micro and small enterprises play a significant role in Kenya's economy, by providing goods, services and creating employment across all economic sectors. However, their growth opportunities are often limited, being often excluded from the traditional banking system, due to perceived higher credit risk and lower appetite by the formal financial institutions.