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.
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IFC proposes additional investment in Kenya's…
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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.