
From Left:Luck Ochieng, Unilever East Africa Managing Director and Right:Moses Nyabanda, Equity Bank Kenya Managing Director during the launch a of Distributor Financing Solution aimed at strengthening manufacturing supply chains, increasing product availability, and accelerating market growth.
- Equity Bank, Unilever launch KSh 2.4B Distributor Financing Solution;
Equity Bank and Unilever have launched a sh2.4 billion Distributor Financing Solution aimed at strengthening manufacturing supply chains, increasing product availability, and accelerating market growth.
This collaboration is part of a larger effort to empower small and medium–sized enterprises (SMEs), enhance distribution efficiency, and fuel sustainable growth within the fast-moving consumer goods (FMCG) manufacturing sector.
Through the partnership, Equity Bank will provide tailored credit to Unilever distributors, offering access to working capital, boosting product availability, and driving economic development across all 47 counties.
Distributors within Unilever’s network will benefit from customized credit solutions to support daily operations, manage inventory, and unlock growth potential.
The solution will also bolster Unilever’s last–mile delivery, ensuring consistent product availability and accessibility for consumers throughout the region.
Additionally, the initiative promotes broader financial inclusion by extending credit facilities to MSMEs within Unilever’s ecosystem through Equity Bank’s financial products.
Moses Nyabanda, Equity Bank Kenya Managing Director, said this initiative empowers SMEs and fosters inclusive economic growth by directing capital to entrepreneurs who drive the supply chain.
“Our mission is to empower consumers, businesses and communities.This collaboration with Unilever allows us to extend affordable, accessible credit to traders who form are key drivers of Kenya’s economy and with Equity’s reach across all 47 counties, we’re positioned to scale this quickly,” he noted.
He further said that manufacturing is a vital pillar of Kenya’s economy, contributing 7.8 percent to the national GDP.
“We are proud to partner with Unilever, to offer tailored distributor financing solutions,” he added.
Luck Ochieng, Unilever East Africa‘s Managing Director, noted that the nearly Sh2.4 billion annual investment will strengthen their supply chain, create jobs, and boost economic development in Kenyan business communities.
“We are delighted to continue empowering our business partners through this transformative partnership with Equity Bank, enabling them to access affordable financing, build capacity, and unlock new commercial opportunities,” he said.