Over 100 private school owners and education stakeholders have today received training from NCBA Bank on strengthening financial sustainability, adopting green financing, leveraging asset finance, and embracing digital banking solutions.
The forum, held in Naivasha and powered by Water.Org, focused on equipping schools with practical knowledge to enhance resilience and efficiency. Participants were trained on renewable energy and Water, Sanitation and Hygiene (WASH) project financing models, as well as NCBA’s digital platforms, including Soma Plus, NCBA Tills, and Connect Plus, designed to streamline operations and boost transparency.
The education sector remains one of Kenya’s most critical pillars of social and economic growth, with the National Treasury allocating KES 707.2 billion to the sector in the 2025/2026 budget. Beyond nurturing future leaders, schools are key economic drivers—creating jobs, supporting local suppliers, and fostering community development.
Speaking at the event, Robert Kiboti, NCBA Director, Commercial and SME Banking, underscored the bank’s commitment to the sector.
“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,” he said.
The training also emphasized risk management through Bancassurance, enabling schools to safeguard against unforeseen disruptions and ensure long-term sustainability.
School owners welcomed the initiative, noting its practicality.
“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 resources and knowledge we can apply to run our institutions effectively,” said one participant.
Mr. Harun Muigai, Chairman of the Association of Private Primary Schools, Naivasha Subcounty, highlighted the impact of the program:
“This forum has been very helpful to us as school owners. We have learnt about sustainable financing for water and sanitation solutions, digital cash management for fees collection, asset financing for infrastructure needs, and bancassurance for wealth protection. NCBA is now positioned as a one-stop-shop financial services partner for our schools, and we look forward to future collaboration.”
The initiative is part of NCBA’s wider agenda to promote sustainable finance, digital transformation, and SME empowerment across Kenya’s key economic sectors.
