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The Kenya banking industry under the umbrella of the Kenya Bankers Association (KBA) will today begin a week-long financial conference, Inua Biashara Summit targeting small business.
Tuesday will see the launch of a novel Blended Finance partnership jointly developed by KBA, Financial Sector Deepening Kenya (FSD-K), and the Kenya Climate Innovation Center (KCIC) with close to dozen of financial experts drawn from the public and private sectors expected to take in the event.
They will engage MSMEs from across the country in a meeting that seeks to set the stage for the industry to celebrate the resilience of businesses as the world marks the International Day of MSMEs on June 27.
The Inua Biashara Virtual Tradeshow is an innovative platform that allows banks to showcase their offering to SMEs in a contactless manner, mindful of the current Coronavirus (COVID-19) pandemic.
“As an industry that promotes enterprise development, banks are working closely with the National Treasury and the Central Bank of Kenya through the National Credit Guarantee Scheme which seeks to accelerate MSME access to credit during this disruptive pandemic period,” said KBA’s Chief Executive Officer Dr. Habil Olaka
The Summit’s theme is ‘Celebrating SME Resilience in Turbulent Times.’