To finance expansion plans inline with strategy for the following:
- To grow its loan loan book in line with increasing demand along the low risk value chain along which the company operates;2. To support its branch expansion plans in 47 counties in line with plans of increasing customer base by 6,000 clients every year for the next 5 years.3. To develop capacity in the agribusiness sector in line with company’s strategic objectives of supporting the low end of the value chain of Kenya’s main growth propellers with Agriculture being a focal area.
- To invest in the improvement and expansion of its information technology infrastructure and the IFMS system by which the company’s systems are integrated with the Government Payroll system. This is inline with expansion strategy.
- In the next phase of its growth Private Equity plans to invest in Small and Medium Size Enterprises(SME). Investment in SMEs will take the form of Equity and debt and the plan is for an equitys take not less than 35%. An appropriate debt investment will be discussed and agreed with investee to ensure an optimal balance between risk and return.