This report examines the experiences of two micro-finance organisations in Kenya, Faulu Kenya Ltd (Faulu) and Kenya Women Finance Trust (KWFT), which both decided to transform into deposit taking microfinance institutions (DTMs).
In what ways do norms and expectations about the actual processes of saving and borrowing create a disjuncture between the formal sector and indigenous experiences? Bridging this divide between every day and formal financial concepts and practices is part of the key to being able to develop more appropriate products and services that will support […]
In November 2009 the Consultative Group to Assist the Poor (CGAP) and the Financial Sector Deepening Trust Kenya (FSD Kenya) provided a total of USD 540,000 to Mobile Ventures Kenya Limited (MVK) to enable MVK to pilot an innovative savings product delivered through the mobile channel. The product is Jipange KuSave (meaning “plan or organise […]
Small to mid-sized microfinance institutions (MFIs) in Kenya and Tanzania face multiple challenges to growth. These include the lack of clear and actionable strategic plans, the need for strategic leadership development, and a range of operational issues. In an effort to help MFIs overcome these barriers, Unitus and FSD partnered in 2009 to create the […]