FCI Welcomes a New Associate Member in Kenya FACTSMonday 24 June 2019
Financial Access Commerce and Trade Services (Kenya) Limited (‘‘FACTS Kenya’’) is a non-bank financial institution, specialized in Supply Chain Finance (SCF) and Factoring, incorporated under the laws of the Republic of Kenya in 2015 with its registered office in Nairobi. FACTS Kenya is a subsidiary of FACTS East Africa B.V. (‘‘FACTS EA’’), a finance group based in Amsterdam, the Netherlands.
FACTS Kenya is focusing on the agribusiness, health and manufacturing sectors, as well as other emerging entrepreneurs that have limited access to finance from mainstream Financial Institutions. FACTS Kenya has succeeded in building a client portfolio in various industries and market segments. Originally FACTS’s focus was on the domestic market but we see potential in the East Africa regional market and in particular the cross-border trade finance market.
FACTS Kenya’s vision is to become the leading SCF and Factoring Institution in Kenya. FACTS understand the challenges of the market, while being dedicated to increasing awareness of the SCF and Factoring products with highly skilled and experienced staff in the field.
FACTS Kenya operates on a sustainable commercial footing and is convinced that economic IMPACT is best achieved through developing a vibrant and resilient SME sector. FACTS Kenya seeks responsible investment and is signatory to United Nations Principles for Responsible Investment (UNPRI) as it strives for impact in the form of demonstrable and reportable links to the UN Social Development Goals (SDGs).
As a member of FCI, FACTS Kenya will support the international trade of its clients and provide all stakeholders with better risk management.