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Sunday, August 8, 2010
Equity Bank
EQUITY BANK LTD is Kenya's leading micro-finance institution, founded
in 1984 with special focus on mortgage provision. The bank now offers
a wide range of products and services that are tailor made for its
micro-finance clients.
Among them are deposit and loan products. Deposit
products include Equity Ordinary Account, Current Account, Super
Junior account for children, Social Institution account for non-profit
institutions e.g. Churches, public schools and self-help groups.
There are loan products for business people, individuals and group
borrowers. "Fanikisha" loans target women in business while Biashara
Imara loans offer working capital to small and micro businesses.
Agricultural loans such as "Kilimo Biashara" are aimed at supporting
farmers and agro-dealers access farm inputs and implements.
"Development loans" are designed for project financing, and Business
loans which provide working capital and other business requirements to
business people. Others include, Equiloan available to salaried people
through a check-off system, salary advance loans, Medical loans for
both inpatient and outpatient medical cases, and "Education loans".
In addition, the bank offers overdrafts on which allow clients to overdraw up to a certain amount,and also offer "Share Finance Loans" a facility that helps clients to purchase shares.
The latest services offered at Equity Bank include, M-KESHO
Account, Insurance services, Custodial services and nationwide ATM
machines. Cash back services allow you to shop, pay and withdraw cash
from leading supermarkets, pharmacies and other retail outlets.
Customers and non-customers with Visa branded cards can also withdraw
cash through Equity Bank ATMs.
www.equitybank.co.ke
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