We talk about all the activities of making one’s living or making money by producing or buying and selling products such as goods and services.
In an attempt to make strides in financial inclusion in the country, Equity has taken various steps to drive its fintech innovation strategy. The fintech sector has positioned itself as one of Africa top-performing economies. According to the AFDB 2020 figures, Kenya leads in the continent in financial inclusion. Equity Bank has continued to drive … Read more
In this article, we shall first help you to understand what Advance Payment Guarantee in Kenya is and all there is to know about this topic. Advance Payment Guarantee is an instrument used by banks for upfront payment on behalf of clients on jobs which are not yet executed. In other words, this type of … Read more
If you are going to be successful in your business, you need to understand the facts about bid bonds. As a contractor, there is going to come a time when you will need to apply for a bid bond. There may even be a good chance that you are somewhat familiar with these types of … Read more
Mpesa Paybill is a cash collection service that allows your business to collect money from your customers through M-PESA. If you considering getting a Mpesa pay bill number for your business, know that the process is straightforward. All that is needed is to fulfil a few requirements. Below we will discuss how to get a … Read more
Supply Chain Finance is a cash flow solution which helps businesses get working capital trapped in global supply chains. This is a solution which mutually benefits the supplier as well as the buyer. Under Supply Chain Finance, suppliers sell their invoices or receivables at a discount to banks or other financial service providers, often called … Read more
Every small business has experienced how important it is to have sufficient working capital on hand. Working capital loans are monies a business needs to operate and the cash your company has to cover costs. The operating costs include buying inventory, paying employees and maintaining your building. If your capital is spread thin, it’s time … Read more
In this article today, we will share with you tips on how to get SME Loans in Kenya in 2019 and beyond. Small businesses (SMEs) need to borrow money to cover cash flow gaps, have additional working capital, or finance growth and expansion. It’s essential for business owners to carefully prepare a loan application to … Read more
Are you thinking of starting an event planning business in Kenya? Here’s a starter guide on how and what you need to do before taking on this venture. How do I start an event planning business? Before starting an event planning business in Kenya, there are a few steps you need to follow and lessons … Read more
One thing is for sure, Kenya has the most cut-throat competition when it comes to business. It is, therefore, hard to determine what to consider to start a successful business in Kenya. Starting a business requires an individual to make a lot of hard decisions. As a result of this, it might be tough to … Read more
Asset financing in Kenya allows you to expand and modernise your business by acquiring assets for immediate use without committing valuable capital or savings right away. What is asset finance loan? Asset financing in Kenya refers to the use of a company’s balance sheet assets, including short-term investments, inventory and accounts receivable, to borrow money … Read more
Kenya Women Microfinance Bank (KWFT) is now over two years into giving start-up business loans. In this article, we list the Kenya Women Microfinance Bank loans available in 2020. In the two years of providing business loans, KWFT has brought closer its products and services to clients through 21 branches all over Kenya. These services are open to … Read more
Mostly, angel investors are the opposite of venture capitalists. Angel investors in Kenya are also known as informal investors, angel funders, private investors, seed investors or business angels. These are affluent individuals who inject capital for startups in exchange for ownership equity or convertible debt. This type of investors looks for the potential for a Solid … Read more
