Equity Group Foundation is a non-profit implementing foundation set up in 2008 as the social arm of Equity Group Holdings with the aim of transforming the lives and livelihoods of our people socially and economically by availing modern, inclusive financial services that maximize their opportunities.

Our Work

Through financial and technological innovations, we support Africans by providing the finest education and career opportunities. We offer those looking for growth opportunities, such as the youth, women and entrepreneurs, a powerful methodology that sources the finest talent and intellectual capital and leverages Equity Group’s vast infrastructure and network.

5,700,000

Beneficiaries Reached with Social Protection Programs

EGF, utilizing the Equity Group payment system, continues to provide Cash Transfer Programs while at the same time leveraging on innovative delivery models that co-create enrolment and payment solutions for Elderly Persons, Orphans, Persons with Severe Disabilities, Persons living in Arid and Semi-Arid Lands (ASALs), Internally Displaced Persons, Refugees and other Vulnerable Persons.

In partnership with Governments, Humanitarian and Development agencies, the Foundation transforms lives and livelihoods by providing inclusive financial services to thousands of marginalized and vulnerable households living in Kenya, Uganda, Rwanda and South Sudan through these strategic initiatives.

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60,009

Students Supported

By providing access to secondary and tertiary education, EGF to date has supported over thirty-seven thousand students at over 700 public secondary schools via its groundbreaking Wings to Fly program.

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570,006

Entrepreneurs Trained

Micro, Small and Medium Entrepreneurs (MSMEs) receive mentorship and entrepreneurship training, providing access to financial services to low income entrepreneurs.

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3,800,000

Farmers supported to access agricultural finance

To date EGF’s agriculture program has supported small-scale peasant farmers transforming them into agribusiness entrepreneurs, increasing their production, business and technology capabilities.

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464445

Clean Energy Products Distributed

EGF addresses the challenges faced in developing nations by increasing awareness of the benefits of clean energy for cooking and lighting. EGF has distributed 464,445 energy products benefiting an estimated 1.72 million individuals.

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128

Clinics Opened

EGF increased access to high quality health services including financing and options for poor and middle income families. EGF has seen a total of 286,103 patients being served since inception as out-patient care.

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Recent stories

750 Top KCSE Scholars in the Country Selected to Join The Prestigious Equity Leadership Program

750 Top KCSE Scholars in the Country Selected to Join The Prestigious Equity Leadership Program

Nairobi, Kenya – 17th February 2025 – Equity Group Foundation has announced the selection of 750 top secondary school graduates to its prestigious Equity Leaders Program (ELP). These top-performing students who are joining the Pre- University Paid Internship program within the ELP will embark on a six-month internship at Equity Bank branches nationwide as they prepare for their university journey later this year.

The cohort consists of 350 Wings to Fly Scholars and Elimu Scholars who achieved Grade A and A-, 167 top-performing students from each sub-county who scored Grade A (Plain), and 233 top national scholars who earned a minimum of Grade A (Plain) with 84 points in their final exams.

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Equity Bank and IFC Partner to Launch $20 million Facility for Refugees and Host Communities

Kakuma, Kenya – February 4th, 2025 – Equity Bank Kenya, in partnership with the International Finance Corporation (IFC), has launched a $20 million Risk Sharing Facility (RSF) to enhance financial inclusion within underserved regions in Kenya, including refugees and host communities. The program, unveiled today in Kakuma, Turkana County will be implemented in 14 marginalized counties across Kenya, among them Turkana and Garissa which host Kakuma and Dadaab refugee camps, with the goal of supporting refugees and their host communities towards social economic empowerment that ultimately lead to self-reliance.

This is the first global risk-sharing facility dedicated to financial inclusion for refugees and their host communities.

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Equity Bank and IFC Partner to Launch $20 million Facility for Refugees and Host Communities

Impact Stories

Isaac Kimani

Works for several Equity Afya Medical Centers

Isaac Kimani excelled in his KCPE exams and joined secondary school under the Wings To Fly Scholarship program. After secondary school, he joined KMTC to study Physiotherapy under the Equity Leaders Program TVET scholarship.

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Erastus Kariuki

Entrepreneur

Erastus Kariuki did his KCSE in 2004 where he emerged as the top student in his region and joined Equity Leaders Program. Through Equity Leaders Program he learnt how to be professional, address customers, solve customer problems and make decisions.

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Mary Wamaitha

Partnerships Associate for Boardroom Africa

Mary Wamaitha joined Equity Leaders Program and became an intern at Equity Bank Ruai. She later joined Ashesi University where she did her undergraduate studies.

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Caren Mjomba

Makeup Artist

Equity supported me to pursue beauty and nail technology in college. It has been year with Equity, they have seen me grow from a little kid

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Our partners

The Equity Group Foundation is a catalyst that drives long-term partnerships to create shared value for our communities.

“The Foundation’s programs promote financial inclusion and advance youth learning, mostly in Africa.”

“On behalf of the German Federal Ministry for Economic Cooperation and Development, KfW is sponsoring 349 Wings to Fly scholars of the 2013 intake and 609 Wings to Fly scholars of the 2015 intake.”

Norad (Norwegian Agency for Development Cooperation) is a directorate under the Norwegian Ministry of Foreign Affairs, whose main purpose is to ensure that Norwegian development aid funds are spent in the best possible way. Norad also provides grants to organizations that carry out projects in less fortunate countries.

“USAID is advancing U.S. foreign policy objectives by supporting economic growth, agriculture, trade, global health, democracy and conflict mitigation and management, and humanitarian assistance.”

“In 2011, DFID partnered with EGF to support a class of 600 students – 400 girls and 200 boys – with direct financial support for comprehensive Wings to Fly scholarships as well as leadership and mentorship development for an additional 572 girls.”

Young Africa Works Kenya; a partnership between Equity Group Foundation and Mastercard Foundation, with support from the Government of Kenya seeks to deepen the social impact in the community by laying the foundation for gainful employment through training and funding for over 600,000 entrepreneurs.