NCBA and African Guarantee Fund (AGF) Strengthen Small and Medium Enterprise (SME) Financing with KES 3 Billion Renewal, Prioritizing Women-Led Businesses
NCBA has today renewed its partnership with the African Guarantee Fund (AGF) (https://AfricanGuaranteeFund.com), to enable the Group provide financial solutions to SMEs, through an enhanced guarantee agreement of KES 3 billion for 10 years. Through the support of AGF’s risk-sharing mechanism, NCBA cumulatively disbursed close to KES 17 billion in loans. Out of these credit facilities, AGF has supported 696 SMEs [over 3,500 transactions] amounting to KES 8.0 billion. […]