KCB urges women to formalize businesses to unlock financing
KCB says women-owned businesses have accessed Sh160 billion in financing, urging more entrepreneurs to formalize their enterprises to unlock credit...
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KCB Group is urging women entrepreneurs to formalize their businesses to gain better access to financing and scale their operations. The bank has already disbursed a significant amount to women-led enterprises under its initiative.
- KCB Group has disbursed Sh160 billion to women-led businesses through its Flame initiative by March 2024.
- Rosalind Gichuru, Director of Marketing and Communications at KCB Group, emphasized the need for formalization to allow lenders to assess financial records.
- Beyond financing, KCB Group reports that women now constitute 47 per cent of its workforce, with nearly 16 per cent in management positions.
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KCB Urges Women to Formalize Businesses to Unlock Financing - July 2026
KCB Group is urging women entrepreneurs to formalize their businesses to gain better access to financing and scale their operations, having already disbursed a significant amount to women-led enterprises under its initiative. In a separate development, former nurse Bernadette Samura has launched Mom and Me Home Care, a company providing professional postpartum support to new mothers in Kenya, addressing a critical gap in postnatal care. Additionally, in Ongata Rongai, Kimaru Thagana has launched Gentleman's Pantry, an artisanal food business focused on traditional fermentation and preservative-free products.
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