Detailed description is Kenya Women Microfinance Bank, formerly Kenya Women Finance Trust or KWFT, is a deposit-taking microfinance bank in Kenya, the largest economy in the East African Community.OverviewKWFT is a medium-tier financial services provider in Kenya., it was the largest deposit-taking microfinance bank in the country, with an asset base valued at about US$220 million (KES:21.75 billion). At that time, the microfinance bank had in excess of 600,000 deposit accounts and a loan book of approximately US$147 million (KSh:14.53 billion), and shareholders' equity valued at US$29.5 million (KShs:2.9 billion).HistoryThe company was established in 2008, as Kenya Women Finance Trust, a 100% subsidiary Kenya Women's Holding . In 2010, the institution was authorized to accept customer deposits, thereby becoming a deposit-taking microfinance institution. It changed its name to Kenya Women Microfinance Bank and became regulated by the Central Bank of Kenya . In order to comply with CBK regulations, KWH began to sell shareholding to the KWFT Board, staff, and foreign institutions. In July 2015 it sold 25% equity to 60,974 KWFT members, thereby reducing its own shareholding to the required 25% maximum.Future plansIn 2016, print media reported that the lender had plans to expand to Rwanda and South Sudan by the third quarter of 2017.OwnershipThe shares of stock of Kenya Women Microfinance Bank are held by Kenyan and foreign institutions and individuals, as depicted in the table below:BranchesThe microfinance bank has branches in rural and urban areas of Kenya.
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This is a well known establihment acts as one-stop destination servicing customers both local and from other of the city.
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Foods is provided with high quality and are pretty much the highlight in all the events in our lives.
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This has helped them build up a loyal customer base.
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For any kind and assistance , it is better to contact them directly during their business hours.
Premises has a wide parking area and need to avail special permissions for parking.
Pets inside the premises are not allowed and require additional permission.
Cashless payments are available and extra charges for the credit cards are levid.
They are listed in many of the food delivery networks for home delivery with appropriate charges.
They accept cards , cash and other modes of payments
Tips are not actually encouraged but customers are willing to offer any benefit as needed.
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This business employs inviduals that are dedicated towards their respective roles and put in a lot of effort to achieve the common vision and goals.
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The establishment has flexible working timings for the employees and has good hygene maintained at all times.
They support bulk and party orders to support customers of all needs.
