{"id":15927,"date":"2020-10-14T20:38:30","date_gmt":"2020-10-14T20:38:30","guid":{"rendered":"https:\/\/www.africa-press.com\/kenya\/?p=15927"},"modified":"2020-10-14T20:38:30","modified_gmt":"2020-10-14T20:38:30","slug":"equity-lobby-in-sh200b-deal-to-lift-smes-out-of-pandemic","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/economy\/equity-lobby-in-sh200b-deal-to-lift-smes-out-of-pandemic","title":{"rendered":"Equity, lobby in Sh200b deal to lift SMEs out of pandemic"},"content":{"rendered":"<p><strong>Author: \u00a0MICHAEL CHEPKWONY \u00a0<\/strong><br \/>\n<strong>AfricaPress-Kenya:<\/strong> Equity Bank has set aside Sh200 billion to support businesses with post-Covid-19 recovery.<\/p>\n<p>The bank yesterday signed a Memorandum of Understanding with the Kenya National Chamber of Commerce and Industry (KNCCI) that will see three million enterprises access financial support and training to help them recover from the losses caused by the pandemic.<\/p>\n<p>Through the deal, businesses will have access to competitive interest rates and flexible loan repayments of up to three years.<\/p>\n<p>KNCCI President Richard Ngatia said the partnership targets Small and Medium Enterprises in education, agriculture and agribusiness, health sector, manufacturing as well as women and youth businesses. \u201cBy partnering with Kenya\u2019s largest bank, we are increasing opportunities for our members and giving them access to Equity\u2019s resources in terms of financial, manpower, and comprehensive training that will see their businesses grow,\u201d said Ngatia.<\/p>\n<p>Equity Group Chief Commercial Officer Polycarp Igathe said the bank was eager to see businesses that had been hit hard by the pandemic recover and flourish.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Author: \u00a0MICHAEL CHEPKWONY \u00a0 AfricaPress-Kenya: Equity Bank has set aside Sh200 billion to support businesses with post-Covid-19 recovery. The bank yesterday signed a Memorandum of Understanding with the Kenya National Chamber of Commerce and Industry (KNCCI) that will see three million enterprises access financial support and training to help them recover from the losses caused [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":15919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[6047,4405,2349,3962],"class_list":["post-15927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-economic-recovery","tag-entrepreneurship","tag-equity-bank","tag-smes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Equity, lobby in Sh200b deal to lift SMEs out of pandemic - kenya<\/title>\n<meta name=\"description\" content=\"Equity Bank has set aside Sh200 billion to support businesses with post-Covid-19 recovery.The bank yesterday signed a Memorandum\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/economy\/equity-lobby-in-sh200b-deal-to-lift-smes-out-of-pandemic\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Equity, lobby in Sh200b deal to lift SMEs out of pandemic\" \/>\n<meta property=\"og:description\" content=\"Equity Bank has set aside Sh200 billion to support businesses with post-Covid-19 recovery.The bank yesterday signed a Memorandum\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/economy\/equity-lobby-in-sh200b-deal-to-lift-smes-out-of-pandemic\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-14T20:38:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/equity_lobby_in_sh25f869f832601b.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"604\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/equity-lobby-in-sh200b-deal-to-lift-smes-out-of-pandemic#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/equity-lobby-in-sh200b-deal-to-lift-smes-out-of-pandemic\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Equity, lobby in Sh200b deal to lift SMEs out of pandemic\",\"datePublished\":\"2020-10-14T20:38:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/equity-lobby-in-sh200b-deal-to-lift-smes-out-of-pandemic\"},\"wordCount\":180,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/equity-lobby-in-sh200b-deal-to-lift-smes-out-of-pandemic#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/equity_lobby_in_sh25f869f832601b.jpg\",\"keywords\":[\"Economic Recovery\",\"Entrepreneurship\",\"Equity Bank\",\"SMEs\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/equity-lobby-in-sh200b-deal-to-lift-smes-out-of-pandemic#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/equity-lobby-in-sh200b-deal-to-lift-smes-out-of-pandemic\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/economy\/equity-lobby-in-sh200b-deal-to-lift-smes-out-of-pandemic\",\"name\":\"Equity, lobby in Sh200b deal to lift SMEs out of pandemic - 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