d271 4.3.2
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Questions and Answers

What inspired Equity Bank's expansion into health care?

  • The goal to reduce defaults on bank loans (correct)
  • The need to diversify its commercial interests
  • The opportunity to enter an adjacent industry sector
  • The desire to provide medical scholarships to students

    • How did Equity Bank support its medical graduates?

  • By empowering them as entrepreneur doctors and helping them start clinics (correct)
  • By providing them with scholarships
  • By offering them banking services
  • By providing them with technology training

    • What is the significance of entering adjacent industry sectors for businesses in Africa?

  • It is a risky strategy with low success rates
  • It limits business growth opportunities
  • It leads to a decrease in shareholder value
  • It provides a more efficient way to address persistent challenges (correct)

    • What do companies like Tolaram, Equity Bank, and M-Kopa provide as examples?

    <p>'Innovative solutions' for business growth</p> Signup and view all the answers

    How did Equity Bank help address the health challenge in Kenyan society?

    <p>By empowering medical graduates as entrepreneur doctors and providing medical insurance to customers</p> Signup and view all the answers

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