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Where To Find Licensed Deposit Taking Microfinance Institutions

Here is the list of licensed deposit taking microfinance institutions that has been approved by Central Bank of Kenya.

Faulu Kenya DTM Limited

Faulu Kenya Deposit Taking Micro-Finance Limited is a limited liability company duly incorporated in Kenya under the Companies Act. The company changed its name to Faulu Kenya Deposit Taking Microfinance (DTM) Limited in 2008 as part of the requirements to obtain the Deposit Taking Licence from the Central Bank of Kenya. In May 2009, Faulu became the first registered DTM in Kenya under the Micro-Finance Act and is regulated by the CBK.

Physical Address: Faulu Kenya House, Ngong Lane -Off Ngong Road
Date Licensed: 21st May 2009
Branches: 27

Kenya Women Finance Trust DTM Limited

Kenya Women Microfinance Bank is a Deposit Taking Microfinance. This follows the issuance of a license to conduct nationwide deposit taking microfinance business by the Central Bank of Kenya. This means that in addition to giving loans to its clients, KWFT will now be able to mobilize and intermediate savings.

Physical Address: Akira House, Kiambere Road, Upper Hill
Date Licensed: 31st March 2010
Branches: 24

SMEP Deposit Taking Microfinance Limited

SMEP Microfinance Bank is a nationwide licensed banking institution. The company was licensed by the Central Bank of Kenya as a DTM on 14th December 2010 after operating as a credit only MFI since April 1999 when it was registered as a company limited by guarantee.

Physical Address: SMEP Building – Kirichwa Road, Off Argwings Kodhek Road
Date Licensed: 14th December 2010
Branches: 6

Remu DTM Limited

Physical Address: Finance House, 14th Floor, Loita Street
Date Licensed: 31st December 2010
Branches: 3

Rafiki Deposit Taking Microfinance

Rafiki Microfinance Bank is a subsidiary of Chase Bank (K) limited and regulated by the Central Bank of Kenya. As a business, it was conceptualised in 2009, registered in 2010 and launched its operations in the Kenyan market in 2011 with a firm footing agenda for the microfinance industry. The Microfinance Bank is a conventional one stop microfinance institution with strong focus on youth agenda.

Physical Address: 2nd Floor, El-roi Plaza, Tom Mboya Street
Date Licensed: 14th June 2011
Branches: 3

UWEZO Deposit Taking Microfinance Limited

Uwezo is committed to being the leading Microfinance Bank through provision of quality and professional financial and savings solutions, products and investment management services in the lower end of the financial markets.

Physical Address: Park Plaza Building, Ground Floor, Moktar Daddah Street
Date Licensed: 8th November 2010
Branches: 2

Century Deposit Taking Microfinance Limited

Century Deposit Taking Microfinance Limited (“Century”) is a Microfinance institution that specializes on providing financial services to Micro, Small and Medium Businesses sector at large.

Physical Address: KK Plaza 1st Floor, New Pumwani Road, Gikomba 
Date Licensed: 17th September 2012
Branches: 1

SUMAC DTM Limited

Sumac DTM Limited is a financial institution registered under the companies Act. At Sumac we specialize in providing bridging Finances to Individuals, Business People, Limited Companies, Corporate.

Physical Address: Consolidated Bank House 2nd Floor, Koinange Street 
Date Licensed: 29th October 2012
Branches: 1

U&I Deposit Taking Microfinance Limited

Physical Address: Asili Complex Building 1st Floor, River Road
Date Licensed: 8th April 2013
Branches: 2

 

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About Enock Kiprono

Enock Kiprono is the founder of Fenesi.com & Dealpoa.com. He loves to connect with entrepreneurs that are success driven, passionate, action-taking whose goal is to make a difference in the business world!

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