Stimulating Growth Through Microfinance Lending

Strengthening Equity Bank's ability to fund loans to microfinance institutions.

DCA- Equity Bank

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.


  • United States Agency for International Development (USAID)

    Funding Agencies
    United States | Staff size: Unknown

    USAID is the lead U.S. Government agency that works to end extreme global poverty and enable resilient, democratic societies to realize their potential.

    U.S. foreign assistance has...

  • Equity Bank

    Investment & Finance
    Kenya | Staff size: Unknown

    We exist to transform the lives and livelihoods of our people socially and economically by providing them modern, inclusive financial services that maximize their...

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Key Information

LocationEastern Africa, Kenya
  • Start Date 2008
  • End Date 2015
  • ValueUSD 5.22 Million