This is a list of products offered by Salaam Microfinance Bank and its branches in Kenya. Salaam Microfinance Bank, formerly Uwezo Microfinance Bank, is one of the 14 licensed microfinance banks in Kenya. The Sharia-compliant bank is categorised as a medium microfinance bank by CBK- it commands a market share of 1.4%.
Salaam Microfinance Bank’s head office is located at Park Plaza, opposite Jeevanjee Gardens along Moktar Daddah Street in Nairobi. They operate three branches in Nairobi. Salaam prides itself on offering Islamic-compliant products as listed below.
Salaam Microfinance Bank Products
a) Financing Products
- Personal FinanceSalaam
- Auto-Financing
- Invoice/LPO Discounting
- Trade Finance
- Group Investment Facility
- Working Capital Finance
b) Saving Products
- Current account
- Saving account
- Term deposit account
- Group saving account
c) Takaful Premium Financing
This product enables customers to pay their insurance premiums in instalments rather than in one lump sum amount. The customer will be fully covered as the full premium is paid directly to the insurer by the bank, while the customer enjoys flexible monthly instalments.
List Of Salaam Microfinance Bank Branches
1. Salaam Microfinance Bank Head Office
Location: Park Plaza, Opposite Jeevanjee Gardens, Moktar Daddah Street, Nairobi
Phone: +254718373737, 0710 544 444, 0717 233 333
Email: info@salaammfbank.co.ke
2. Park Plaza Branch
Location: Park Plaza, Opposite Jeevanjee Gardens, Moktar Daddah Street, Nairobi
Phone: 0703 591 302
3. Eastleigh Branch
Location: 1st Avenue Eastleigh, Nairobi
Contact: Phone: 0703 591 302
4. Kimathi Branch
Location: Biashara Street, Nairobi
Contact: Phone: 0703 591 302
