Kenya Women Microfinance Bank
Curated by SignalNiche neobank empowering women through tailored financial services.
Overview
Kenya Women Microfinance Bank functions as a neobank focused on providing financial services to low and middle-income women in rural and marginalized regions of Kenya. The bank offers various products, including savings accounts, loans, and insurance, tailored to the needs of its target demographic. It operates 190 branches nationwide, facilitating access to financial services without the requirement of collateral, which aims to serve women who are typically unbankable. Additionally, the bank promotes financial literacy through complimentary training programs and employs a Triple Bottom Line approach, which incorporates social impact, environmental sustainability, and profitability into its business model. This approach seeks to address the financial requirements of women while also contributing to community development.
Key facts
- Founded
- 2008
- Headquarters
- Nairobi, Kenya
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Banks
Business model
- GTM channel
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- 3 products and services
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- Commercial model
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Contact
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- Phone
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