Faulu Microfinance Bank Limited

Overview

Faulu Microfinance Bank Limited is a prominent financial institution in Kenya, specializing in providing business improvement loans to micro and small businesses. These loans range from KES 10,000 to KES 5 million, aiming to support the growth and development of these enterprises. The bank is regulated by the Central Bank of Kenya and is a member of the Kenya Bankers’ Association and the Association of Microfinance Institutions. Established in 1991, Faulu Kenya has grown from a single office to over 90 service outlets, including 27 banking branches across seven of the eight provinces in Kenya by the end of 2011. In April 2014, Old Mutual acquired a 67% stake in Faulu Kenya through a KES 2 billion capital injection, enhancing its market reach and capital base. In recent years, Faulu has focused on digital transformation to improve customer experience and financial inclusion. The bank has introduced multiple transaction channels, including the Faulu DigiCash App, mobile banking, and Faulu Visa Debit Cards. In 2023, Faulu was recognized as the Best Microfinance Bank in Digital Banking at the Think Business Awards, reflecting its commitment to innovation and customer-centric services.

Investment Focus

• Business improvement loans ranging from KES 10,000 to KES 5 million for micro and small businesses in Kenya