Exciting News from I&M Bank! Last year, the bank revolutionized banking in Kenya by waiving Bank to M-PESA and Airtel Money transfer fees for personal account holders, known as ‘Ni Sare Kabisa’. This move significantly reduced consumer costs and demonstrated I&M Bank’s commitment to enhancing financial inclusion.
Today, I&M Bank announced an extension of the free transfers to Solo Biz owners (sole proprietorships), further solidifying its support for small businesses in Kenya. This initiative underscores the bank’s dedication to empowering entrepreneurs and driving economic growth through financial solutions tailored to meet their needs.
With this proposition, Solo Biz owners can now enjoy the benefits of free bank-to-mobile wallet transfers, access to digital Unsecured Business Loans, Stock Financing, LPO financing, and more. The seamless integration of these services via the I&M Bank App ensures convenience and efficiency for entrepreneurs, allowing them to focus on growing their businesses.
As I&M Bank celebrates 50 years in Kenya, CEO Gul Khan highlighted the importance of supporting small businesses, emphasizing their significant contribution to the country’s economy. This extension of the ‘Ni Sare Kabisa’ proposition to Solo Biz owners reflects the bank’s commitment to empowering entrepreneurs and fostering economic prosperity.
