Monday, July 13, 2009

Using Equity bank for your small business loans

Its sad that many kenyan's have not realized the impact of Equity Bank in kenya's small business development.Though it was perceived to be one of those "mushrooming pyramid schemes banks",that notion has been thwarted and the biggest casualities are now the big boys in the market.
Getting a small business loan from Equity bank is as simple as requesting "Okoa Jahazi" credit top up from Safaricom.I have been there personally and i was granted my loan within 48 Hrs.What was so amazing is that,their interest on small business loans is affordable and you can renegotaite it afterwards
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Equity Bank is now the back bone of several small business owners in the country.With branches in almost every small town in the country,these guys may have discovered something in the kenyan republic which other banks couldn't see.

Though perceived to be a local bank........Technologically is very advanced.Infact it is believed that those guys can hold upto 45 Million bank accounts in their system without any hitch.i dont think there is anyother bank with this kind of robust system.

For small business owners(including mama mboga's),Equity bank could have been a blessing in disguise.To add value to their Network,They have now expanded to South Sudan and Uganda.Bravo Equity bank

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