NCBA Expand Financing for Creatives

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NCBA Bank and HEVA Fund have launched five financing products targeting Kenya’s creative sector. The offerings cover event financing, invoice discounting, LPO financing, working capital, and start-up incubation. The partnership aims to support production, equipment purchases, marketing, and distribution. HEVA said it committed $7 million to expand creative industry funding, while NCBA noted the initiative will also provide financial literacy and loans at 9% interest to improve access to capital.