Musoni (m-Future) is a cashless MFI that uses M-Pesa for all loan disbursement and repayment. Virtual MFI that enables clients to repay their loans and deposit their savings using existing mobile money services. Musoni’s platform is fully integrated with M-Pesa and Airtel Money.
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).
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 […]