Release date: 13 March 2006
Promoter – Financial Intermediary
Business Partners International Ltd
Attn: Mr Jo' Schwenke, Managing Director
5 Wellington Road
P.O. Box 7780
USD 15 million Investment Fund targeting investments in businesses in the SME sector in Kenya.
Financing of investments of USD 50,000 – 500,000 in businesses which are underserved by the existing financial services industry in Kenya, using primarily quasi-equity and debt instruments.
All sectors (except sectors normally excluded on ethical grounds)
Proposed EIB finance (Approximate amount)
Up to USD 5 million.
Total cost (Approximate amount)
Investee companies to meet minimum environmental standards to be specified and monitored by the Fund Manager.
Under appraisal - 3/08/2006
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).