Currently, 2 million Kenyans can access up to Ksh50,000 after their loan rates were increased due to timely payment.
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the USD200 million risk-sharing agreement marks the third renewal of Ecobank’s partnership with AGF.
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Total revenue increased by 38% to Ksh21 billion while return on equity rose by 472bps.
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The bank has disbursed over Ksh50 billion over the last five years in loans through the Wezesha Biashara Program.
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The informal sector was worst hit with job losses as many of the Small Medium Enterprises were closed down.
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