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Originally published by Capital Business
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business
July 28, 2026
1h ago

KCB urges women to formalize businesses to unlock financing

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...

✨ Key Highlights

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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