Douglas Mwiti 
John Gachora, Group Managing Director, NCBA and Jules Ngankam, AGF Group CEO duri ng the signing of the partnership to strengthen MSMEs and Women-led Businesses.
- NCBA has renewed its partnership with Africa Guarantee Fund (AGF) to strengthen SME financing, focusing on Women-led Businesses.
Over the 10 years, we’ve disbursed nearly KES 17 billion in loans, supporting 696 SMEs with KES 8 Billion.
This partnership has created 7,200 jobs, including 2,200 for women and 4,100 for youth.
John Gachora, Group Managing Director, NCBA “This partnership with AGF will allow NCBA, to further increase its commitment to Kenya’s SME segment, to promote the development of projects in renewable energy and sustainable agriculture as well as support women led/owned businesses.”
Jules Ngankam, AGF Group CEO, “NCBA has been a valued partner for over 12 years.
This renewal marks a milestone in our shared mission to unlock SME financing.
We have achieved great impact so far and with an expanded facility, we can reach even more businesses shaping Kenya’s economic future.”
Together, we are creating lasting change and empowering the businesses that are shaping Kenya’s economic future.
“We look forward to achieving an even greater impact as we move forward with our commitment to change the story.” The statement read.
African Guarantee Fund(AGF) contributes to the promotion of economic development in Africa through provision of Partial Guarantees & Capacity Development to Financial Institutions to facilitate access to finance for Small and Medium-sized Enterprises.
