New Horizons: Advancly In Kenya

As a regional hub for business and trade throughout Eastern and Central Africa, Kenya is pivotal to the entrepreneurial landscape of Africa. By registering Advancly as a business in Kenya, we hope to take advantage of market opportunities in Eastern and Central Africa and deepen our footprint and regional presence by extending credit to MSMEs through our Progress Partners (aggregators) operating in the region. 

In view of this expansion, it became extremely important to expand our credit risk and portfolio management capabilities. Thus, we are delighted to announce Christabel Onyango as our Vice President of Credit & Risk Portfolio Management.

Christabel joins us with over 23 years’ experience in Banking & Credit Risk Management. She has led Credit Risk Management in some of East Africa’s top financial institutions including the Consolidated Bank of Kenya and the Cooperative Bank of Kenya. She also served as the Director of Credit Risk at Sidian Bank where she drove turnaround strategy and profitability by implementing a Credit Risk Management framework to support Credit Risk Management and revenue growth objectives.

Advancly remains committed to implementing Credit Risk best practice and preserving our investors’ capital  while supporting creditworthy businesses with the capital they need to grow and scale. It is our firm belief that Christabel’s leadership will enable us to continue to do so with increased speed and efficiency.