Small ad medium clothing and textile businesses are set to begin getting up to Sh. 100 million expansion loans from Equity Bank.
In this move,Equity Bank will be looking to target women wh constitute at least 80 per cent of business people in the fashion industry.
“Women entrepreneurs make up the 80 per cent in the textile and clothing industry in Kenya. Access to capital is their greatest challenge,” said Ms. Elizabeth Gathai, Equity Bank’s credit director.
Additionally, Equity Bank will offer training, networking programmes and marketing platforms in partnership with Hivos East Africa and the Association of Fashion Designers of Kenya.
