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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