The IFC is proposing to invest, through unfunded risk sharing facilities (RSFs) with tier 1 commercial banks in Kenya, up to KES1.6 billion ($15 million) for an aggregate portfolio of loans of up to KES3.2 billion ($30 million) in Twiga Foods, a distributor of fresh fruits and vegetables and fast-moving consumer goods in Kenya.
IFC proposes additional investment in Kenya's…
The IFC is proposing to invest, through unfunded risk sharing facilities (RSFs) with tier 1 commercial banks in Kenya, up to KES1.6 billion ($15 million) for an aggregate portfolio of loans of up to KES3.2 billion ($30 million) in Twiga Foods, a distributor of fresh fruits and vegetables and fast-moving consumer goods in Kenya.