NBK has launched a new initiative to empower women entrepreneurs in the country. Dubbed “Nia” the initiative seeks to provide women-owned and women-led enterprises with access to financial support, capacity building, and mentorship to sustainably grow their businesses and achieve their full potential whilst creating new job opportunities and scaling the national economic contribution.
The NBK Women in Business Value Proposition is a strategic move by the Bank to support women-led businesses in the country, even as it recognizes women’s critical role in driving economic growth and development.
Through the Nia Offering, Women Enterprises will have accelerated access to financing from the KShs 5B Shillings NBK Majikonnect Program supporting Water, Sanitation and Hygiene, with African Guarantee Fund collateral cover for up to 75%, and the KShs 2Billion Shillings NBK Elimukonnect Program supporting the Education Sector and Schools.
To ensure the success of Nia, the Bank will also offer mentorship support to women entrepreneurs. As part of the Nia Offering, the bank has also launched “You’ve Got business”, a digital property connecting upcoming female entrepreneurs with experienced business leaders who will offer guidance and advice on how to grow their businesses and overcome any challenges they may face.
The Nia Offering is open to all women entrepreneurs in Kenya, regardless of their sector or industry and will be available at every stage of development