Kenya: KWFT Gets Capital Boost for Expansion

Mar 2014
Kenya, March, 19 2014 - Kenya Womens Finance Trust has received a Sh1.37 billion capital injection from three new shareholders to boost planned market expansion.

The equity funding is from Norwegian Microfinance Initiative, Rural Impulse Fund and Norwegian Microfinance Initiative Fund III. "The new capital injection will enable more women and their families have access to financial services through an expanded infrastructure," said KWFT managing director Mwangi Githaiga. KWFT is targeting to reach over one million new clients in four years. Githaiga said the funding puts KWFT in a strong financial position to create and introduce more innovative products.

Source : AllAfrica

Research Analysis Tools

The fund indexes, institution benchmarks and other market information displayed here are all Symbiotics designed analysis tools, created in-house by our analysts and experts. Symbiotics has one of the oldest track records in microfinance investment analysis dating back to the late 1990s; its indexes and benchmarks have been regularly used as markers by investors, asset managers, financial institutions and practitioners. These, as well as several other research products, are available through the Research Account. Click on the link below to find out more.

Learn More