Peter Kahara Munga is a businessman and entrepreneur in Kenya, the largest economy in the East African Community.
[4] In 1984, Munga founded Equity Building Society (EBS) in his hometown of Kangema, in Kenya's central highlands.
In 1993, Munga, as chairman, working in collaboration with the chief executive officer of EBS, hired James Mwangi, age 31, to wind up the insolvent organization.
Mwangi, as director of finance at EBS, began to institute changes, resulting in the slow, but steady turn-around of the society.
On 18 June 2009, the bank's stock cross-listed on the Uganda Securities Exchange and started trading that day, under the symbol EBL.