Faulu Microfinance Bank Limited
Investment Details
Investor Type
Institutional Investor
Asset Class Focus
Fixed Income (Debt and Bonds), Private Equity, Real Estate
Stage Focus
Growth, Late Stage, Buyout
Geographical Focus
Kenya
Industries Focus
- Financial Services
- Technology
- Healthcare
- Energy
- Real Estate
- Infrastructure
- Telecommunications
- Media
- Retail
- Education
- Agriculture
- Construction
- Manufacturing
- Tourism
- Transport
Investment Size:
10,000 to 5,000,000 USD
Investor Details Founded: 1991
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.
Requirements
- Business improvement loans ranging from KES 10,000 to KES 5 million for micro and small businesses in Kenya
Contact
[Official Website Hidden]
[HQ Location Hidden]
[Email Hidden]
[Contact Number Hidden]
Mentioned In
-
$9.95
Claim this Investor
Are you an official representative of Faulu Microfinance Bank Limited?
Claim this investor to update information, manage your profile, and get a verified seal.
Claim