The purpose of the guarantee agreement is to have USAID Kenya partially guarantee certain qualifying loans made by Equity Bank Ltd. This is a DCA agreement under the USAID Kenya Economic Growth Office. The DCA is for a period of seven years and USAID Kenya will help make available loans totaling $5 million to SMEs. The guarantee is intended to strengthen the Equity Bank's ability to fund loans to microfinance institutions, thereby stimulating economic growth. The partner's in-kind contribution was $5,000,000.