Supporting Standard Bank to Grow Small Businesses
Standard Bank has partnered with TechnoServe to provide business development services to beneficiaries of a regional business grouping scheme. Tutuwa scheme beneficiaries are supported through Standard Bank dividends and access to financial/business development services to help them improve the sustainability of their businesses. TechnoServe has provided tailored support to drive the competitiveness and sustainability of beneficiary businesses. A recent feasibility study has showed that the percentage of sustainable businesses in the group increased from 75 percent to 92 percent.