National Bank of Kenya (NBK) in partnership with Aqua for All is introducing a KSh 5 billion Water, Sanitation and Hygiene financing program.
The program seeking to address the financial needs, efficiencies, sustainability and growth of Water sector enterprises, institutions and communities.
“With this new product, we seek to scale up the SMEs in the Water, Sanitation and Hygiene economy for sustainable water services. As a bank, we are constantly looking for opportunities to support long-term growth to SMEs in all sectors of the economy,” NBK Managing Director, Paul Russo said during the launch on Thursday.
The NBK Water, Sanitation and Hygiene financing program will offer flexible financing solutions under two different facilities including working capital loans dubbed “Jenga Biashara Loan” and the “Infrastructure Project Loans”.
Ms. Josien Sluijs, Managing Director Aqua for All noted, “Today marks a huge milestone for us and the SME players in the Water, Sanitation and Hygiene sector. Through this partnership and shared vision with NBK, we will be able to create a conducive environment for the Water Sector.” enterprises, institutions and communities to provide sustainable Water, Sanitation and Hygiene services to all people.”