List of Licensed Microfinance Banks in Kenya

This is a list of all licensed microfinance banks in Kenya. These are institutions licensed by the Central Bank of Kenya to provide financial services to low-income clients i.e loans, savings, insurance, money transfers, and remittances. They specifically target the unemployed and small entrepreneurs in society who lack access to traditional banking services.

Over the past years, microfinance banks have proved instrumental in expanding access to financial services throughout Kenya. They play a complementary role to commercial banks, as opposed to being competitors, by offering services to the population in Kenya that lacks access to commercial banks. As of 2022, 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

 

Branch  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

 

LOLC Kenya 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

 

Salaam Microfinance Bank Limited

 

08.11.2010

 

13

 

Maisha Microfinance Bank Ltd

 

21.05.2016

14 Muungano Microfinance Bank PLC 30.10.2019

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