
Raphael Lekolool
Raphael Lekolool is the Managing Director of PostBank in Kenya, where he plays a pivotal role in promoting financial inclusion for small and medium-sized enterprises (SMEs). Under his leadership, PostBank has shifted its focus towards financing the SME sector, which is critical for the Kenyan economy as these businesses employ approximately 15 million people and contribute significantly to the country's GDP. Lekolool has been vocal about the challenges SMEs face in accessing credit, emphasizing the importance of proper business organization, record-keeping, and collateral in securing financing from banks.
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Recent news mentions
Raphael Lekolool, PostBank Managing Director, observed a notable shift towards financing the small enterprise sector.
From lending to loan repayment history, bank CEO's call for SME governance reformsRaphael Lekolool observed that there is a notable shift towards financing the small enterprise sector, being a major player in driving Kenya’s economy.
How lack of collateral hinders banks from funding small businesses







