Stanbic Uganda and KCB Rwanda were selected in the first phase of the project due to their demonstrated level of commitment and sound capabilities for serving the SME sector. Our team team then developed high-level strategies to increase the footprint of both banks in the SME segment and identified areas that need to be strengthened in order to provide a strong institutional base to serve SMEs with effective financial and non-financial services.
The leadership of both banks subsequently endorsed the proposed strategic directions, and each committed to a three-year partnership with ConsumerCentriX to implement the strategies. The implementation will commence in November 2019 and is funded by Argidius Foundation.