As the new year, 2025 takes shape, many businesses, especially Small and Medium Enterprises (SMEs) are exploiting avenues to fund and grow their businesses. It is not easy to grow a business in Kenya without tangible capital.
In Kenya, many SMEs have often been unable to access credit from commercial banks. This is because most SMEs are deemed high-risk in terms of loans. The majority often struggle to pay back credit due to tough times, and poor record keeping, among others.
But Family Bank has been at the forefront of supporting businesses and SMEs in Kenya. From training SMEs and entrepreneurs through their Inua Biashara program to giving them loans and grants to establish and grow their businesses.
One of the ways Family Bank has supported businesses in Kenya is through stronger and secure digital payment systems. Services such as mobile banking, internet banking, and till numbers have been great for Kenyan businesses in receiving and making payments.
When it comes to agri-business financing, none beats family banks with their tailored loan products. They also have a Maji Plus product that finances entrepreneurs in the water and sanitization sector. They also finance and empower schools to meet their short-term financial obligations.
If you are in biashara, the greatest hurdle when you need a loan is security. Luckily, Family Bank has Biashara loans that are unsecured. They trust you and your business so much that they will give you a loan, and support your business before you can pay it back.
If you need a partner to walk with you in growing your business, think about Family Bank.
Related Content: Family Bank: A Transformative Journey From Humble Beginnings To A National Banking Powerhouse
