Press Release: IFC and Equity Bank of Kenya Partner in Landmark Facility to Support Financial Inclusion for Refugees
IFC today announced a risk sharing facility for Equity Bank of Kenya that is the first globally to be dedicated to financial inclusion for refugees and their host communities.
The $20 million facility will boost financial inclusion for individuals and small businesses in Kenya’s most underserved regions, including the Turkana and Garissa refugee hosting areas, home to hundreds of thousands of forcibly displaced people from countries across Africa.
Photo courtesy of WorldRemit Comms.
Source: IFC (link opens in a new window)
- Categories
- Finance
- Tags
- financial inclusion, MSMEs, refugees
