Equity to fund private schools Covid upgrade


Business Daily | by James Kariuki

Private schools can now access operational capital of up to Sh200 million after listed lender Equity Group inked a partnership pact with the Kenya Private Schools Association (KPSA).

KPSA chairman Mutheu Kasanga said its members, currently facing cash flow challenges qualify for development and mortgage financing starting at an unsecured facility of up to Sh3 million rising to ShSh200 million.

He said KPSA jointly with the Education ministry had formulated a framework towards improving education standards via such solutions that address cash flow needs for schools…

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