Capitalising on non-banking customer preferences and building on solid business capabilities, PEP has chosen to sharpen its strategic focus to cash management and local business development:
- Provide customers with cash in fast, reliable and secure environment.
- Build and invest more in an agency platform
- Increasingly finance local growth oriented entrepreneurs
Building PEP's strong capital position there is ample room to fund organic expansion. PEP will continue to assess its business portfolio in the context of its ambition to support local entrepreneurs with the products they need to grow their businesses. And PEP will continue to reinforce its agency network to drive commercial growth. This is all driven by PEP's most important overall goal which is to unlock the potential of the people of Western Kenya.
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Business Strategy
PEP finances local growth oriented entrepreneurs
One of PEP's successful clients is Jopam Building Contractors.
Jopam's energetic director John Adipo says:" PEP has given my company a great boost. Due to the Trade Finance facility I am able to undertake big building projects. I would have not been in the same position without PEP's support."
At a building site on the shores of Lake Victoria, while overseeing the construction of an office block, John adds: "My staff is happy and motivated" they know that I pay them on the spot. My suppliers have finally started taking me serious; costs of materials have gone down with more than 20%. I have now bargaining power. PEP has made my life easier !
One of PEP's successful clients is Jopam Building Contractors.
Jopam's energetic director John Adipo says:" PEP has given my company a great boost. Due to the Trade Finance facility I am able to undertake big building projects. I would have not been in the same position without PEP's support."
At a building site on the shores of Lake Victoria, while overseeing the construction of an office block, John adds: "My staff is happy and motivated" they know that I pay them on the spot. My suppliers have finally started taking me serious; costs of materials have gone down with more than 20%. I have now bargaining power. PEP has made my life easier !