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Info September 2018

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Caritas Kenya Microfinance Bank<br />

Recognised for providing innovative services*<br />

Caritas Kenya Microfinance<br />

bank has been recognised<br />

for its use of technology in<br />

delivering services to its customers.<br />

The bank received two awards<br />

during the Second Digital Inclusion<br />

Awards held in Nairobi : best microfinance<br />

bank in the use of digital<br />

solutions to enhance customer experience<br />

and best microfinance institution<br />

in e-services in Kenya.<br />

Six months earlier, the bank had<br />

been recognised, during the Think<br />

Business Awards ceremony, as the<br />

best micro-finance bank in Kenya.<br />

The Caritas Kenya Microfinance<br />

Bank (Caritas MFB) was officially<br />

launched on 20 April 2017, after<br />

being granted a nationwide license<br />

by the Central Bank of Kenya (CBK)<br />

in June 2015. It is the twelfth microfinance<br />

bank in Kenya.<br />

Presently, about 80 per cent of customers’<br />

transactions are done on the<br />

mobile banking platform and other<br />

alternative business channels such<br />

as agency and internet banking.<br />

Mr George Maina, the bank’s chief<br />

executive stated that “these awards<br />

are an affirmation of our concerted<br />

efforts to ensure we continuously<br />

improve the customer journey<br />

whenever they interact with us at<br />

any of our outlets.”<br />

He added: “Caritas continues to<br />

leverage on this convergence hence<br />

contributing towards the financial<br />

inclusion agenda and promoting<br />

economic growth in Kenya in line<br />

* Source: Business Daily, Kenya<br />

Official launch of the Caritas Kenya Microfinance Bank on 20 April 2017.<br />

Caritas Africa <strong>Info</strong>: page/página 38

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