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Originally published by Techish Kenya
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tech
July 6, 2026
21h ago

Absa, Unilever launch KES 4 billion distributor financing plan

Absa, Unilever launch KES 4 billion distributor financing plan

Absa and Unilever launch a KES 4 billion programme lending distributors up to KES 10 million unsecured via Wezesha Stock...

✨ Key Highlights

Absa Bank Kenya and Unilever Kenya have launched a KES 4 billion distributor financing program to address cash flow challenges for businesses in the supply chain.

  • The program offers up to KES 10 million in unsecured loans through Absa's Wezesha Stock platform.
  • Involves Absa Bank Kenya providing the financing and Unilever Kenya facilitating it for its distributors and retailers.
  • Aims to ensure a steady flow of goods by bridging the gap between distributors paying Unilever and collecting payments from retailers, tackling a significant barrier to formal credit for SMEs.

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