NAIROBI, Kenya, July 9 – Unilever and Equity Bank have unveiled a Sh2.4 billion financing partnership aimed at supporting small and medium-sized enterprises, strengthening manufacturing supply chains, and improving product availability across the country.
Through the collaboration, Equity Bank will extend tailored working capital financing to Unilever’s network of distributors, enabling them to access credit, expand into new markets, and improve stock levels.
Moses Nyabanda, Managing Director of Equity Bank Kenya, said the partnership aligns with the bank’s mission to provide affordable and accessible credit to traders.
The initiative is expected to boost operational efficiency among Unilever distributors while contributing to broader efforts to enhance access to finance for SMEs in Kenya.
