About 100 private school proprietors and education stakeholders gathered in Naivasha on Tuesday for a training organised by NCBA, which equipped them with financial and digital tools designed to improve sustainability and efficiency in running their institutions.
The forum introduced participants to a mix of solutions ranging from green financing, asset finance, and business insurance to digital banking platforms such as Soma Plus, NCBA Tills, and Connect Plus.
According to NCBA, the intention is to help schools strengthen their long-term viability while embracing environmentally responsible models.
The session was conducted in partnership with Water.Org and placed special emphasis on renewable energy and Water, Sanitation and Hygiene (WASH) project financing.
NCBA said this approach is meant to encourage schools to adopt modern financial models that not only secure their businesses but also improve service delivery within their communities.
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While addressing the forum, NCBA Director of Commercial and SME Banking, Robert Kiboti, highlighted the bank’s broader vision for 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,” Kiboti explained.
Participants also learnt about managing institutional risks through bancassurance, which provides a safeguard against unexpected disruptions.
One of the school owners attending the session acknowledged the value of the training, remarking, “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 available resources and practical knowledge we can apply to run our institutions effectively.”
The chairman of the Association of Private Primary Schools in Naivasha Subcounty, Harun Muigai, said the initiative provided clarity on financial solutions that could shape the growth of education institutions.
“This forum has been very helpful to us as school owners in Naivasha. We have learnt about financial and risk management solutions and believe NCBA can be a strategic partner in growing our institutions sustainably," Muigai stated.
"Key highlights covered sustainable financing for Water and Sanitation solutions, Digital Cash Management Solutions that drive efficiency in fees collections and payments, Asset Financing for different infrastructural needs at schools and wealth protection solutions under bancassurance have now positioned the Bank amongst our Association’s umbrella of schools as the preferred one-stop shop financial services provider."
Muigai expressed optimism about future collaboration with NCBA on the same front.
Education remains a cornerstone of Kenya’s economy, with the National Treasury allocating Sh707.2 billion to the sector in the 2025/2026 budget.
Beyond shaping future generations, schools provide employment, sustain local suppliers, and anchor community growth.
NCBA stated that today’s initiative fits into its wider agenda of promoting sustainable finance, digital transformation, and SME empowerment across priority sectors in the economy.
