This archive report was first published on 28 November 2019.
On November 28, 2019, Credit Bank announced a partnership with Women In Business Kenya (WIB) to acknowledge and celebrate the best women entrepreneurs across the country.
The bank's focus on women-led businesses aims to enhance gender inclusivity by enabling the growth and development of women in the business sector.
According to Pamela Mutembei, the bank's head of business, they have developed structures, products, and services tailored to suit women's needs.
“Through the need to support women entrepreneurs and ease access to capital, the bank will provide networking and mentorship forums for the women entrepreneurs in Kenya. These products and services are tailored to suit women's needs through loan products with favourable collateral requirements and products that include a social support network linking women entrepreneurs to one another,” she said.
The bank's entrepreneurship hub aims to direct additional financing and leadership programmes to women entrepreneurs, building on the institution's financial technology products tailored for female customers and provision of business support for owners of social enterprises.
Ms Mutembei emphasized the importance of women's participation in the business world, stating, “Women make up half the world and so too should they in the business world. When they do, we will all be happier and better off. A more tolerant, diverse, and creative business landscape will better equip us to tackle future challenges.”
