Stanbic Bank and KBA partner to provide financial literacy training for hearing-impaired entrepreneurs
Stanbic Bank Kenya and the Kenya Bankers Association (KBA) have partnered to provide financial literacy training to deaf entrepreneurs in Kenya. The trainees will come from around Kajiado, Kiambu and Nairobi.
The training will be provided as part of KBA’s Inuka SME program. It aims to reach , which aims to reach 200 hearing-impaired business owners. Since 2018, the Association has been advocating for financial literacy training in collaboration with banks to improve the skills of underbanked members of the public so that they are financially included and support the business growth of banked MSMEs. Through the Inuka SME program, more than 50,000 SMEs have been equipped with key skills and knowledge to strengthen their ability to access bank financing and better manage their businesses.
Speaking at the opening ceremony, Stanbic Bank’s Head of Business and Commercial Clients, Florence Wanja said, “Creating an enabling environment is mandatory for businesses to succeed. It is for this reason that we partnered with the Kenya Bankers Association to organize this training. This is the first ever training for hearing impaired business owners in the Kenyan banking industry. Through this partnership, we aim to strengthen inclusion as a driver of economic development in the country. »
The Kenya Bankers Association has been a driving force for inclusiveness in service delivery and has championed the development of products for deaf communities. For example, they previously partnered with Financial Sector Deepening (FSD) Kenya, and Deaf eLimu Plus launched the Deaf Elimu banking app, a self-learning tool for Kenyan Sign Language in the banking environment.
Speaking at the launch of the training, Kenya Bankers Association Chief Executive Dr Habil Olaka said it was an important moment for the sector in promoting inclusion financial support for deaf business owners. “The training series reaffirms the industry’s commitment to helping unbanked people with disabilities gain knowledge on how to sustain their business for the long term and build their ability to access credit from banks,” he said. -he declares.
Kenya has also made significant progress in ensuring that deaf members of our society have access to information. It includes the 2010 constitution which recognizes sign language as the language of the deaf, an indigenous language and one of the languages of parliament in Kenya. In addition, the Disability Act 2003 obliges all public broadcasting stations to include sign language in their programming. However, there is room for further progress.