Kenya Women Microfinance Bank: A Leading Microfinance Institution in Kenya

Kenya Women Microfinance Bank is a leading microfinance institution in Kenya, established in 2005 to provide financial services to women and other under-served groups.

It has a strong presence in the country with over 30 branches and a customer base of over 80,000.

The bank's mission is to be a leading microfinance bank in Kenya, providing financial services to women and other under-served groups.

The bank's services include savings accounts, loans, and other financial products tailored to the needs of its customers.

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KWFT is a microfinance institution that focuses on providing financial services to underbanked women. It was founded in 2008 and is based in Nairobi, Kenya.

KWFT offers a range of products, including savings accounts, loan portfolios, banking services, and insurance products. These products are designed to be affordable and tailored to the financial needs of its customers.

KWFT primarily serves the microfinance sector with a focus on empowering women economically. This is a unique niche in the financial services sector.

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KWFT has been working to empower women economically and socially for over 40 years. It understands the challenges women face in accessing financing, including cultural and traditional beliefs, limited property ownership, and financial illiteracy.

KWFT is regulated by the Central Bank of Kenya. This ensures that the institution operates in a safe and responsible manner.

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Kenya Women Microfinance Bank has a unique structure that sets it apart from traditional banks. It is a microfinance bank, which means it focuses on providing financial services to low-income individuals and small businesses.

The bank has a strong presence in rural areas, with a network of branches and agents that cater to the needs of women and their families. Its headquarters is located in Nairobi, Kenya's capital city.

The bank's structure is designed to be efficient and effective, with a strong focus on customer service and financial inclusion.

Ownership is a crucial aspect of any bank's structure. The shares of stock of Kenya Women Microfinance Bank are held by various institutions and individuals.

Kenya Women's Holding Limited holds the largest percentage of ownership, with a 25% stake in the bank. Foreign Institutional Investors also have a significant stake, owning 25% of the shares.

The bank's members, totaling 60,974, own 25% of the shares. This is a notable aspect of the bank's structure, as it allows its members to have a direct say in the bank's operations.

The KWFT Board Members own 20% of the shares, giving them a substantial amount of influence in the bank's decision-making process. The KWFT Staff also have a stake in the bank, owning 5% of the shares.

Here's a summary of the ownership structure:

The bank's branch network is quite extensive, with a presence in both rural and urban areas of Kenya. This allows the bank to serve a wide range of customers, from those living in small villages to those in major cities.

The bank's physical presence in rural areas is particularly noteworthy, as it brings essential financial services to communities that may have limited access to such services otherwise.

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