Microfinance in Kenya

By 2010 there were more than twenty large micro finance institutions in Kenya, which provided US $1.5 billion to approximately 1.5 million active borrowers.

Most microfinance firms as in other countries have eligibility criteria which may include gender (as in the case for special women's loans), age (at least 18 years of age), a valid Kenyan ID, a business, an ability to repay the loan and be a customer of the institution.

[1] Political riots such as during elections in year 2007, which led to violence and economic disturbance.

Additionally there are: Most of the micro finance institutions offer business loans under different interest rates, duration and amounts.

Further, one million Kenyans are reliant on informal groups for receiving financial aid.