List of Microfinance Institutions in Kenya

Many Kenyans do not have bank accounts. Those who have bank accounts either have little or no savings. This makes it hard for them to access loans from the banks. For this reason, Microfinance Institutions in Kenya play a crucial role.

Microfinance Institutions offer small (micro) loans to customers who can not access conventional financial aid from banks. The nature and functioning of these institutions vary depending on the purpose as well as targeted groups. That is, some Institutions are based on gender and strictly offer microfinancing services.

Although they are an alternative to banks, some of them operate as extensions of large investment banks. By doing this, people living in under-developed regions can access the banks’ funding through these Institutions run by the banks.

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