Signature(s)
Summary sheet
- Credit lines - Credit lines
The facility provides funding to KCB Kenya for on lending to limited scale projects undertaken by private sector entities, notably small and medium sized enterprises (SMEs), with a particular focus on projects impacting positively on gender equality and women's economic empowerment, in line with the 2X Challenge Criteria. SMEs play an important economic role in driving growth and creating employment in Kenya, contributing to over 90% of the workforce. However, the the sector development is constraint by access to finance, which is particularly the case for women and other disadvantaged groups.
This operation is expected to address the financing gap by supporting investments and working capital needs of SMEs with a focus on women-owned or managed enterprises and therewith drive financial inclusion and economic empowerment of women thereby enabling job creation, growth, and improved resilience of SMEs.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Under EFSD+ Guarantee
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).
News & Stories
General enquiries and comments
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
Media enquiries
Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.
Complaints mechanism
Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.
Zero tolerance against fraud and corruption
The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.
Related publications