BARICHO HIGH SCHOOL ACQUIRES NEW STATE-OF-THE-ART BUS

BARICHO HIGH SCHOOL ACQUIRES NEW STATE-OF-THE-ART BUS

Nairobi, 17th January 2024... Baricho High School has acquired a 67-seater bus at a cost of Kshs. 17,215,000 through Asset Finance solution from Equity Bank. The official flagging off ceremony took place at Equity Centre in Nairobi.

Equity's Asset Finance solution is designed to provide convenient and affordable financing options for customers, enabling them to acquire essential assets such as motor vehicles, machinery, and equipment.

During the flagging off event, the Commercial Director at Equity Bank Kenya Humphrey Muturi, spoke about the Bank's partnership with Baricho High School. “At Equity, we are committed to education, recognizing its pivotal role in shaping futures. We take pride in contributing to the advancement of education, and today, we're honored that through this partnership, we’ve been able to support Baricho High School acquire a bus. This 67-seater bus serves as more than just a mode of transportation; it's a symbol of renewed inspiration, fortitude, and determination for the school community. At Equity we are centered around making tailor-made solutions that align with their financing needs, goals, and aspirations. In this specific instance, we've extended 100% financing to Baricho High School for the acquisition of this bus. We are confident that the school will leverage it effectively to fulfill their mission, further enhancing the learning experience for students and contributing to their academic success.”

Eng James Karumba, Chairman of the Board of Management at Baricho High School, highlighted the transformative impact of the partnership, stating, “We draw inspiration from Equity Bank as our role model in positioning Baricho High School as a leading educational institution in Kenya. Just like Equity Bank, which started small and grew to become one of the largest banks in Kenya and the region, we believe we shall achieve similar prominence in the education sector. Our partnership with Equity Bank is built on trust and belief – a belief in the Bank's values and its commitment to excellence. From our local branch in Kagio to the top level, including interactions with the Equity Group Managing Director and CEO Dr. James Mwangi, who we’ve been able to interact with and through the Wings to Fly Programme, we have experienced unwavering support. We are delighted to announce that with the acquisition of the bus, we stand testament to the success of our collaboration.”

The Chief Principal of Baricho High School Bernard Mwangi Kingah, expressed his gratitude, saying, “The acquisition of this bus will undoubtedly elevate the spirit of the entire Baricho High School. As we actively prepare students for examinations, engage in educational symposiums, contests, and discussions with other schools, we also facilitate student travel to various destinations for co-curricular activities. Fostering high self-esteem and encouraging interaction among students contribute significantly to improved academic performance. Our commitment extends beyond academics; we are dedicated to implementing the Presidential directive advocating for schools to adopt green initiatives. In this regard, our partnership with Equity is invaluable. We are collaborating with Equity to maintain a clean environment, implement clean cooking in Baricho, and actively participating in climate change mitigation measures. This aligns seamlessly with our shared values of environmental stewardship and sustainable practices.”

Equity Bank's commitment to supporting education extends beyond asset financing. Through its Clean Cooking initiative, the Bank finances and supports learning and health institutions to adopt modern and sustainable cooking practices. The Bank is also actively involved in environmental conservation, engaging learning institutions in tree planting activities as part of its 35 million trees initiative, which has successfully planted 25.7 million trees to date.

Equity Bank Kenya Commercial Director Humphrey Muturi (2nd left), the Baricho High School management team led by Board of Management Chairman Eng. James Karumba (3rd left), and Equity staff flagging off Baricho High School bus outside Equity Centre in Nairobi. The school has acquired a 67-seater bus at a cost of Ksh.17,215,000 through Equity’s Asset Finance solution which offers convenient access to affordable financing for schools across the Country.
Baricho High School students during the flagging-off of their new bus outside Equity Centre in Nairobi. The school has acquired a 67-seater bus at a cost of Ksh.17,215,000 through Equity’s Asset Finance solution which offers convenient access to affordable financing for schools across the Country.

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