Friday
May 24
2024

UBA Gets Sh37 Billion Loan From Parent for SMEs

By Patrick Alushula

UBA Kenya has received $282 million (Sh37.5 billion) from its parent firm for lending to small and medium-sized enterprises (SMEs) over the next three years, joining the growing list of lenders directing money to small businesses.

Photo courtesy of WOCinTech Chat.

Source: Business Daily (link opens in a new window)

Categories
Investing
Tags
lending, MSMEs