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Tag: African Guarantee Fund (AGF)

NBK, AGF Sign Loan Portfolio Guarantee Agreement To Finance MSMEs

National Bank of Kenya (NBK) has partnered with African Guarantee Fund (AGF) to offer a partial guarantee in respect of defaults arising from loans to various private and public sector SMEs in the Water, Sanitation and Hygiene (WASH) sector, women-led businesses and Green Financing...

Family Bank Lands Ksh1.5 Billion To Fuel SMEs’ Growth

Family Bank has acquired a Ksh1.5 billion loan portfolio guarantee facility from the African Guarantee Fund for Small and Medium-sized Enterprises (AGF) to increase its loan book to micro, small and medium-sized enterprises, women-led businesses and climate-friendly investments. In addition to the extension of the...

Stanbic Bank Receives Ksh1 Billion Boost For SME Financing

Stanbic Bank Kenya and the African Guarantee Fund for Small & Medium-sized Enterprises (AGF) have signed a Loan Portfolio Guarantee Facility to increase financing for Small and Medium Enterprises (SMEs) across the country. The Portfolio Guarantee Facility of Ksh1 billion will allow Stanbic Bank...

Absa Bank, AGF Unveil Ksh1.25 Billion Fund to Unlock Credit for SMEs

Absa Bank Kenya Plc and African Guarantee Fund (AGF) have inked a Ksh1.25 billion Loan Portfolio Guarantee Facility to boost credit accessibility for local small businesses, including start-ups. The guarantee line will be in place for a period of five years and avails up...

African Guarantee Fund joins international SME day festivities

The African Guarantee Fund (AGF) has underscored the key role played by well-funded Micro, Small and Medium Enterprises in driving growth in African countries it joined the world in celebrating the International SME Day on June 27. AGF said it acknowledged all stakeholders who are...