By Donald Kogai
Tala announced the launch of 605 million
Kenya shillings COVID-19 Rebuild Fund to
bolster Kenyan businesses and communities.
The Fund, which Tala plans to grow through
additional funding and partnerships, will
prioritize existing Tala customers as well as
Tala businesses that provide essential services
to their communities.
Eligible customers will be invited to apply for
the Fund’s first new product, a 0% fee, 6-month
Community Support Loan of Ksh. 30,000,
designed to support businesses that are
helping Kenyans recover and rebuild.
“We believe small businesses are the backbone
of the Kenyan economy.
Businesses, and business owners, who provide
essential goods and services to their broader
communities will help Kenyans survive this
crisis and will be on the front lines leading
efforts to rebuild,” said Ivan Mbowa, General
Manager, Tala Kenya.
“We want to give those businesses the ability to
get a head start in helping communities recover
That’s why we are offering select business
owners 0% fee Community Support Loans with
All Tala customers who run a business that is
providing essential support to their community
are invited to apply for a Community Support
Tala will be prioritizing loans for businesses
that provide the necessities a community needs
to cope with a crisis, such as food, water, health
& medical services, critical household supplies,
education, and logistics related to these
“By investing in entrepreneurs and small
businesses we can multiply our impact, and we
believe supporting small businesses is the best
way to contribute to reviving communities and
But this is just the beginning for the Rebuild
We are constantly evaluating additional ways to
support customers and their communities by
providing timely tools and assistance,” said Mr.
“We continue standing with Kenyans and our
customers, believing that we will overcome and
emerge out of this crisis tested but ultimately
more resilient,” he added.