Top 5 Best SUVs for 2018

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Executive Corner

Top 5 Best SUVs for 2018

Special Correspondent - May 21, 2018

With even exotic brands like Bentley, Maserati, and Lamborghini now selling their own super-premium sport-utility vehicles, it seems that a not-so-subtle takeover of the...

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Christine Gakii is a BIMAS customer from Mukothima, Tharaka North, Tharaka Nithi County. Her journey with BIMAS Microfinance began in 2014, after her life had taken a dramatic turn. Family disputes had stripped her of everything, leaving her in a state of despair. Just when all seemed lost, a trusted friend guided her towards BIMAS Microfinance. Her journey with BIMAS began with a modest loan of Ksh 30,000, which she invested in her dream of starting a cereal farm. Through hard work and perseverance, she repaid her loans faithfully and steadily climbed the loan tiers. Her farm flourished, expanding across multiple plots of land. With courage, she ventured into a new frontier: a pork butchery with a small kitchenette. Her determination paid off, and the business thrived. Seeing her dedication, BIMAS went further, helping her acquire a motorbike to transport her products more efficiently. As her pork business grew, the daily slaughtering of pigs demanded more water. Recognizing her relentless commitment, BIMAS provided funding for a water tank and an energy saving Jiko for her kitchenette. Christine's journey is truly inspiring. Despite facing many challenges, she has risen above them all. Now, she owns a thriving pork butchery, employs many people, and has become a successful landowner and farmer. She even owns three motorbikes. Christine dreams of building rental houses on one of her best pieces of land, which is close to an institute. With BIMAS ready to help, her dream is on its way to becoming a reality. She proudly refers to BIMAS Microfinance as her "father and mother," underscoring the profound impact it has had on her life. In a heartfelt message, she encourages those facing hardships not to turn to stress-induced drinking, but to seek support from BIMAS. She says, "At BIMAS, help is available for everyone." Christine's journey with BIMAS Microfinance exemplifies women empowerment and promotes multiple Sustainable Development Goals. Through initial funding and continuous support, BIMAS enabled her to break the cycle of poverty and establish a thriving business in cereal farming and pork butchery, enhancing food security in her community. By nurturing her entrepreneurship, BIMAS promotes gender equality and economic empowerment. Moreover, Christine's enterprise generates employment opportunities and sustains livelihoods. The provision of a water tank further ensures operational efficiency and supports her overall well-being.

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Sidian Bank Board Chair James Macharia said Thumbi leaves behind a strong legacy, having led a major transformation of the lender. “Mr. Thumbi has had a distinguished banking career spanning over three decades. During his tenure at Sidian Bank, he led a significant transformation of the business, including significantly growing the Bank’s Trade Finance portfolio, increasing the branch network to fifty branches and expanding digital banking and foreign exchange income streams,” Macharia said. He added that the bank strengthened its operations, improved customer experience, and achieved strong growth under Thumbi, culminating in its elevation to a Tier II bank in September 2025. In the year ended December 31, 2025, Sidian Bank posted a 502 percent jump in net profit to Sh1.73 billion. The growth was driven by higher interest and non-interest income, with net interest income rising by 54.4 percent to Sh4.4 billion, while non-interest income surged by nearly 129 percent to Sh3.8 billion.

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About 60 percent of investments will focus on climate adaptation, particularly climate-resilient agriculture and water management technologies, while 40 percent will go towards mitigation efforts such as renewable energy and energy efficiency. Through the facility, KCB will deploy flexible credit products, blended finance structures, and digital lending platforms to scale access to financing for underserved populations. “This is a bold step to scale climate finance. By targeting MSMEs and smallholder farmers, we are ensuring that no one is left behind in the transition to a climate-resilient future,” said Paul Russo. The funding comes as Kenya faces rising climate vulnerability, with over 80 percent of its land classified as arid and semi-arid. These regions frequently experience droughts and floods, causing economic losses estimated at about 3 percent of GDP annually. KCB has been ramping up its green financing efforts, having assessed loans worth Sh578.3 billion for environmental and social risks last year. This brings the cumulative total assessed since 2020 to over Sh1 trillion under its Environmental and Social Due Diligence framework. The bank also disbursed Sh50 billion in green loans in 2025, increasing its green portfolio share to 25.84 percent from 15 percent in 2023, with investments spanning energy transition, blue economy, e-mobility, and climate adaptation initiatives.

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Top 5 Best SUVs for 2018

MOST POPULAR

Del Monte introduces electric buses for staff transport

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KEMSA welcomes UHC national Scale-up, confirms organizational readiness to supply essential...

High Court in Nairobi rejects Paradigm Initiative’s bid to join Data...

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I&M Group net profit up 24pc to Sh19.8bn

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Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

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