List of Licensed Microfinance Banks in Kenya

This is a list of all licensed microfinance banks in Kenya as of 2020. 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 the 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. There are 13 licensed microfinance banks in Kenya as of 2020.

List of Licensed Microfinance Banks in Kenya

[docxpresso file=”https://victormatara.com/wp-content/uploads/2020/10/List-of-Licensed-Microfinance-Banks-in-Kenya.odt” comments=”true” SVG=”true”]

I help you to save time and live more with the most up-to-date lists, guides, reviews, and advice.