This is a list of the best microfinance banks in Kenya. The list focuses on fully-fledged and award-winning microfinance institutions that offer a full range of financial services to individuals and SMEs.
In no particular order, here is a list of the best microfinance banks in Kenya.
SMEP was recently declared the overall best microfinance bank in Kenya during the Think Business Awards. The dynamic Christian bank helps Kenyans to secure and grow their finances by offering retail banking and asset finance to individuals, groups, corporations and churches. The head office is located along Kirichwa Road, off Argwings Kodhek Road, Nairobi.
Contact: 020 357 279.
2. Faulu Kenya
The bank offers a full array of financial services that include banking, investment, savings and insurance with special reference to community, retail, institutional banking segments and bancassurance. It has over 67 outlets in Kenya, with its head office located along Ngong Lane off Ngong Road, Nairobi.
Contacts: 0711 074 000, 0711 074 074.
Maisha Microfinance is an award-winning and fastest-growing microfinance bank in Kenya, offering a range of financial services to economically active entrepreneurs in order to expand their economic possibilities. The bank has only one branch located on the 2nd Floor, Chester House, Nairobi.
Contacts: 0792 002 300, 0736 028 982.
U&I is a licensed microfinance bank targeting SMEs and large enterprises by providing working capital, facilitating technological improvements and business innovations. The bank’s main office is located on 1st Floor Asili Complex, River Road, Nairobi. Other branches are located in Gikomba and Thika.
Contacts: 020 240 3402.
KWFT is a fully-fledged microfinance bank offering banking services that include both savings and credit products that cater for the needs of micro, small and medium-sized entrepreneurs. It provides financial services to improve family lives through women. They have several branches located in major towns in the country.
Contacts: 0703 067 700, 0730 167 000.
Sumac is one of the most efficient microfinance banks in Kenya. It provides affordable credit facilities, trade finance and bancassurance products. The bank’s head office is located at Consolidated Bank House in Nairobi, with several other branches in Ngara, Nakuru, Githunguri and Thika.
Contacts: 0725 223 499, 0772 427 209.