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List of licensed microfinance banks in Kenya

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Friday, September 23rd, 2022 at 4:41 PM (EAT)

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List of licensed microfinance banks in Kenya

Licensed microfinance banks in Kenya are institutions licensed by the Central Bank of Kenya to provide financial services to low-income clients. Some of the services and products these institutions offer are loans, savings, insurance, money transfers, and remittances. Microfinance banks have expanded access to financial services in Kenya because they target the unemployed and small entrepreneurs in society who lack access to traditional banking services. As at the publish date, there are 13 licensed microfinance banks in Kenya.

List of Licensed Microfinance Banks in Kenya

  

Microfinance

  

Date Licensed

 

1

 

Caritas Microfinance Bank Limited

 

02.06.2015

 

2

 

Century Microfinance Bank Limited

 

17.09.2012

 

3

 

Choice Microfinance Bank Limited

 

13.05.2015

 

4

 

Daraja Microfinance Bank Limited

 

12.01.2015

 

5

 

Faulu Microfinance Bank Limited

 

21.05.2009

 

6

 

Kenya Women Microfinance Bank Limited

 

31.03.2010

 

7

 

Rafiki Microfinance Bank Limited

 

14.06.2011

 

8

 

Key Microfinance Bank Limited

 

31.12.2010

 

9

 

SMEP Microfinance Bank Limited

 

14.12.2010

 

10

 

Sumac Microfinance Bank Limited

 

29.10.2012

 

11

 

U & I Microfinance Bank Limited

 

08.04.2013

 

12

 

Uwezo Microfinance Bank Limited

 

08.11.2010

 

13

 

Maisha Microfinance Bank Ltd

 

21.05.2016

14 Muungano Microfinance Bank PLC


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