Equity Group #ticker:EQTY has unveiled a Sh684 billion ($6 billion) war chest to lend to five million businesses in its Africa Covid-19 pandemic recovery and resilience plan.
The lender says it has internal capacity to lend Sh513.2 billion ($4.5 billion) supported by customer deposits and it has also partnered with development finance institutions which have provided Sh171 billion ($1.5 billion) to be on lent to small businesses.