Equity Chairman Mr. Munga for a commonwealth dinner
Kenyans in London are invited to this lifetime opportunity to listen to a top Kenyan Banker, Chairman and Founder of Equity Bank and prize winner of the YARA Prize 2009 for Green Revolution in Africa. The talk will be held on Monday 26th October 2006, at Marlborough House, Pall Mall, SW1y 5HX London, UK from 12.30-1.30 pm, followed by lunch for all attendees sponsored by the Commonwealth Secretariat. Mark your diaries!
Mr. Peter Munga will talk on "Youth enterprise and mentoring programmes in Commonwealth Member states in East Africa, My Initiatives through Equity Bank and the PK Munga Foundation - Impossible is Possible" We look forward to welcome you all.
Mr. Munga is an accomplished African business leader and entrepreneur whose dedication to the unbanked poor continues to enable millions of smallholder farmer's access to much needed affordable savings and credit facilities so that they can break out of the poverty cycle and build better lives. As the founder of Equity Bank he has seen the organization move from a small village-based building society to a fully listed commercial bank that is home to over FOUR MILLION customers, half of all bank accounts in Kenya. Equity Bank
(www.equitybank.co.ke http://www.equitybank.co.ke) has continued to pioneer a range of innovative financing arrangements that have significantly increased farmers' access to credit facilities including; mobile rural banking services, innovative electronic banking, post harvest warehouse receipting schemes and widespread agro dealer financing facilities.
Mr. Peter Munga serves as Chairman of Equity Bank Limited and National Oil Corporation of Kenya Limited. Mr Munga holds directorships in several organizations including British American (K) Insurance, Equatorial Nut Processors Limited, and Micro-Enterprise Support Programme Trust (MESPT). Mr Munga founded Equity Bank in 1984. His first customers were small-scale dairy coffee and tea farmers. He encouraged the small peasant savers and borrowers to support the financial institution by enrolling them into the bank from where they were paid for their crops without being subjected to punitive charges. Under the leadership of Mr Munga, Equity evolved from a Building Society, to a Microfinance Institution to now the all-inclusive Nairobi Stock Exchange public listed Commercial Bank with branches throughout Kenya. Equity Bank has branches in neighbouring countries.
Mr. Munga is the recipient of the 2009 YARA Prize which is awarded by the YARA Foundation (Norwegian) for an African Green Revolution, established in 2005 by YARA International. The objective of the Foundation is to support former UN Secretary-General Kofi Annan's call for an African green revolution and the UN Millennium Project's goal of halving poverty and hunger in Africa by 2015.
RSVP's only to Shakira Lukmanji S.Lukmanji@commonwealth.int