This is a list of the largest microfinance banks in Kenya. There are 14 licensed microfinance banks in Kenya. The Central Bank Of Kenya has classified microfinance institutions in Kenya into three categories; large, medium, and small. This classification of the market share is based on a weighted composite index comprising assets, deposits, capital, number of active deposit accounts and active loan accounts.
According to CBK, a microfinance bank is classified as large if it has a market share of 5 percent and above; medium if it has a market share of between 1 percent and 5 percent and small if its market share is less than 1 percent. As of 2024, there are 5 large microfinance banks with an aggregate market index of 83.8 per cent, 6 medium microfinance banks with a combined market share of 15 per cent and 3 small microfinance banks.
Large Microfinance Banks In Kenya
| Bank | Market Size Index | |
| 1 | Faulu Microfinance Bank | 31.2 % |
| 2 | Kenya Women Microfinance Bank | 29.1 % |
| 3 | SMEP Microfinance Bank | 8.8 % |
| 4 | Rafiki Microfinance Bank | 8.2 % |
| 5 | Caritas Microfinance Bank | 8.2 % |
Medium Microfinance Banks In Kenya
| Bank | Market Share | |
|---|---|---|
| 1. | Sumac Microfinance Bank | 4.3 % |
| 2. | Branch Microfinance Bank | 2.8 % |
| 3. | U & I Microfinance Bank | 2.6 % |
| 4. | LOLC Microfinance Bank | 1.9 % |
| 5. | Muungano Microfinance Bank | 1.8 % |
| 6. | Salaam Microfinance Bank | 1.6 % |
Small Microfinance Banks In Kenya
| Bank | Market Share | |
|---|---|---|
| 1. | Muungano Microfinance Bank | 0.7 % |
| 2. | Choice Microfinance Bank | 0.4 % |
| 3. | Umba Microfinance Bank | 0.1 % |
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