Published on September 10, 2025 by Agencies for Kenya Online News
Last Updated on 7 months by Agencies for Kenya Online News
9th September 2025… Naivasha. 100 private school owners and stakeholders have today been empowered with practical knowledge and tools to strengthen financial sustainability, embrace green financing, Asset Finance, Business Insurance and adopt digital banking solutions by NCBA in Naivasha.
The education sector is one of the most vital pillars of social and economic development in Kenya, to which the National Treasury has allocated KES707.2 billion in the 2025/2026 budget.
Beyond preparing the next generation of leaders, schools are also central economic drivers through employment opportunities, keeping local suppliers in business, and underpinning community development.
The training powered by Water.Org, focused on empowering school owners with knowledge on how to enhance sustainability in their businesses through renewable energy and Water, Sanitation and Hygiene (WASH) project financing models and incorporating NCBA’s digital platforms such as Soma Plus, NCBA Tills, and Connect Plus towards streamlining efficiency in operations and transparency.
Speaking at the event, NCBA Director Commercial and SME banking, Robert Kiboti emphasised NCBA’s commitment to enabling the education sector to thrive. “We believe that schools are the heart of securing Kenya’s economic growth. By providing them with the right financing models, we are enabling them to become more resilient, efficient, and future-ready.”
The school leaders also got insights on risk management through Bancassurance adoption to protect against unforeseen disruptions and safeguarding the long-term sustainability of their institutions.
“Running a school requires more than just the passion for education. I am happy to see banks like NCBA take this initiative to train us on available resources and practical knowledge we can apply to run our institutions effectively.” said a participating school owner.
“This forum has been very helpful to us as school owners in Naivasha. We have learnt about financial and risk management solutions and believe NCBA can be a strategic partner in growing our institutions sustainably. Key highlights covered sustainable financing for Water and Sanitation solutions, Digital Cash Management Solutions that drive efficiency in fees collections and payments, Asset Financing for different infrastructural needs at schools and wealth protection solutions under bancassurance have now positioned the Bank amongst our Association’s umbrella of schools as the preferred one stop shop financial services provider. We are optimistic on the future collaboration with NCBA on this front.” Said Mr. Harun Muigai,
Chairman, Association of Private Primary Schools, Naivasha Subcounty.
The initiative is part of NCBA’s broader commitment to advancing sustainable finance, digital transformation, and SME empowerment across key sectors of the economy.
