Unilever Kenya and Equity Bank have launched a Sh2.4 billion initiative to support SMEs, boost supply chains, and improve nationwide product availability.
The partnership will see Equity Bank provide customised working capital loans to Unilever’s network of distributors. These loans are tailored to help distributors improve inventory levels, expand into new and underserved markets, and strengthen their overall business operations.
Speaking during the launch, Equity Bank Kenya Managing Director Moses Nyabanda said the collaboration underscores the bank’s commitment to fostering financial inclusion and empowering businesses through affordable, accessible credit solutions.
“This initiative aligns with our mission to support the growth of SMEs by providing flexible financing that meets the unique needs of traders and distributors,” Nyabanda stated.
By injecting fresh capital into the supply chain, the initiative is expected to enhance the operational efficiency of Unilever’s distribution partners while also contributing to national economic development through SME growth.
Unilever officials expressed optimism that the program will not only deepen market reach but also promote entrepreneurship and job creation across Kenya.
The financing scheme comes at a time when many SMEs continue to face cash flow constraints, limiting their ability to scale and meet rising consumer demand. The partnership is positioned as a strategic step toward addressing these challenges and enabling more inclusive participation in the formal economy.
