KCB partners with UNITAR plans to sell 100,000 electric bikes

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    KCB Foundation in partnership with the United Nations Institute for Training and Research (UNITAR) plans to sell 100,000 electric bikes in a year as part of its net zero ambition. The bank says the plan aimed at transitioning its total loan portfolio to green investments by 2025 will see it advance customers a loan to buy the bikes at 13 percent interest with the repayment period expected to be two years. The E-bikes costs Sh350,000. https://www.businessdailyafrica.com