The Kenya National Chamber of Commerce & Industry (KNCCI)– Nairobi Chapter in collaboration with Absa Bank Kenya held a mentorship and coaching session dubbed ‘Nairobi tour’ meant to create networks for women in business at the Hilton Hotel. The event was attended by over 150 women entrepreneurs based within Nairobi and its environs.
The Chamber President Mr. Richard Ngatia being the Chief Guest during the event congratulated and celebrated women in business for their resilience during the covid-19 pandemic and willingness to remodel and adapt to changing consumer needs in the digital age. He asserted that financial inclusion is important for women to break the ceiling in business and entrepreneurship. Citing common challenges such as liquidity issues, stock management, record keeping and access to finance; he welcomed women traders to embrace the support of KNCCI and ABSA to formalize their businesses and get information on affordable credit and market opportunities. He noted that women have proved to be cautious and prudent in their business dealings, and are good credit re-payers. Which gives an opportunity for financial institutions to develop lending solutions tailored to address the business needs of women.
ABSA Bank Kenya previously launched the She Business Account which offers comprehensive solutions that not only enable women access credit but also give them opportunities for growth by facilitating access to markets, business information and mentorship.
KNCCI-Nairobi Chapter Vice Chairperson Ms. Cynthia Nyawira urged all the entrepreneurs and partners present during the event to foster a good working relationship with the government to enhance a conducive business environment through licensing of businesses. KNCCI Women In Business Vice Chairperson Ms. Nancy Muthoni seconded her by adding to it that partnerships and building relationships are the ways of scaling up business.
Other guests present in the Event included: Founder & Director for Linton’s Beauty Dr. Joyce Gikunda who was the Keynote Speaker; ABSA Business Banking Director Ms Elizabeth Wasunna, KNCCI 2nd Vice President Ms. Fatma Elmaawy, Director Mr. Muchiri Mungai and CEO Mr. Samuel Matonda and KNCCI Nairobi Chapter Chairperson Mr. Julius Opio