Stanbic Bank Kenya, in collaboration with the Stanbic Kenya Foundation and the Kisii County Government has today announced a new partnership aimed at empowering youth, women, and small businesses in Kisii through innovative training programs, access to finance, and market linkages.
The partnership will see Stanbic deliver digital skills and entrepreneurship training, empowering participants to seize new economic opportunities. Additionally, it will provide local enterprises with enhanced access to financial resources and broader market exposure, fostering a dynamic business environment in Kisii.
Joshua Oigara, Chief Executive of Stanbic Bank Kenya & South Sudan, shared his vision for the partnership: “We are excited to work alongside the Kisii County Government to nurture a vibrant ecosystem of innovation and enterprise. Our goal is to equip our youth and women with the skills and opportunities they need to succeed, thereby fuelling economic growth and community development across the region.”
The initiative seeks to leverage cutting-edge ICT solutions to enhance sectors that enable sustained growth in the County, including tourism and logistics. Additional support will include the donation of computers, aiming to strengthen the county’s digital infrastructure and widen the accessibility of technological resources.
Hon. Simba Arati, Governor of Kisii County, shared his perspective on the strategic benefits of the initiative: “This partnership with Stanbic Bank Kenya and its Foundation marks a milestone in our quest for sustainable economic growth. By investing in our people and their entrepreneurial spirit, we are not only generating employment but also cultivating a culture of innovation that will sustain our community’s growth well into the future.”
This collaboration is a part of Stanbic Bank Kenya’s broader commitment to fostering economic empowerment and community development. The focus on developing critical areas such as youth engagement, women’s empowerment, and small business support reflects the bank’s dedication to creating a more inclusive and prosperous society.
Pauline Mbayah, Head, Stanbic Kenya Foundation, commented on the strategic focus of the initiative: “Our aim is to create a platform that not only addresses the immediate financial and educational needs of Kisii’s population but also builds long-term capacity for growth and innovation. By aligning our efforts with the needs of the community, we are ensuring that this partnership delivers sustainable benefits across the board.”
The partnership will also explore innovative financing models and business support services that cater specifically to the needs of micro, small, and medium-sized enterprises in the region. These efforts are designed to integrate these businesses into larger corporate and governmental value chains, providing them with a stable foundation for growth and expansion.