EACL Partnership

Jamii Bora Bank Limited and leading regional cables manufacturer, East African Cables Limited, have signed a memorandum of understanding that will see the bank provide pre and post-delivery credit facilities to cable customers supplying to Government tenders, utilities (REA, KPLC) and projects especially those that fall under the government’s 30% initiative to the Youth, Women and Persons with Disability.

This MOU mandates EACL to deliver the finished products to its cable customers (distributors) on condition that JBBL issues a letter of undertaking to pay for the cost of the cables directly to the manufacturer.