Faulu Bank

Faulu gets over Ksh900 million to grow digital, MSME banking

Faulu Microfinance Bank has secured more than KSh 900 million from its parent company, Old Mutual, to enhance its operations and revamp its business model for sustained growth. The company plans to utilize the funds to expand its digital banking services and to realign its distribution channels and human resources to promote sustainable growth. Faulu…

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Nandi Deputy Governor Yulita Mitei at the Kapsabet Showground during trade exhibition. Photo: Dennis Bett

Nandi Saccos urged to develop products favourable to farmers to boost food security

Nandi Deputy Governor Yulita Mitei has urged Saccos to develop products that are favourable to farmers to boost food security. Speaking at Kapsabet Showground during a two-day business trade exhibition organized by Kapsabet Showground in conjunction with Nandi County Government, Dr Mitei said the county administration has invested heavily in the agriculture sector calling on…

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Ukulima Sacco rebrands to Apstar Sacco to cast net wider and welcome MSMEs

Ukulima DT Sacco Society has rebranded to Apstar Sacco to redefine its business model, departing from its traditional catchment of the farming community to attract youthful membership in the Micro, Small and Medium Enterprises (MSMEs) segment. Part of the vision is to offer clear and transparent financial products and services, which will be accessible to…

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