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Musoni Microfinance Ltd.
Information by Research TrustFinance
Musoni Microfinance Ltd. is a pioneering financial institution in Kenya, established with the mission of promoting financial inclusion through technology. It was the first MFI in the country to be completely cashless, disbursing and collecting all loan payments via the M-PESA mobile money platform. The company provides a range of credit products, including group loans, individual business loans, and agricultural loans, primarily targeting micro-entrepreneurs and smallholder farmers who lack access to traditional banking services. By using mobile technology, Musoni aims to reduce operational costs, increase efficiency, and offer more convenient and accessible financial services to its clients.
Kenya
Industry
Financial