- Family Bank Funds Rembo Classic Sacco’s fleet Expansion with KES 26.6 Million
Family Bank has extended a KES 26.6 million facility to Rembo Classic Sacco to finance the acquisition of five brand-new public service vehicles from KCI Isuzu.
The funding will strengthen the Sacco’s capacity to provide safe, reliable, and efficient transport services to thousands of commuters across Nairobi and its surrounding regions.
Speaking during the flag-off event, Family Bank Chief Retail Officer, Phyllis Kimani, reaffirmed the Bank’s commitment to supporting SMEs, who play a central role in driving Kenya’s economy.
“SMEs form the heartbeat of Kenya’s economy, contributing significantly to job creation and innovation. At Family Bank, we remain steadfast in our commitment to walk with SMEs such as Rembo Classic by offering affordable and flexible financing solutions that empower them to grow, scale, and transform communities,” she said.
This partnership underscores Family Bank’s broader strategy to support the SME sector by offering affordable, tailor-made solutions that foster business growth, ensure sustainability, and create long-term socio-economic impact.
