Faulu Microfinance Bank, a subsidiary of The UAP Old Mutual Group in East Africa, is a limited liability company duly incorporated in Kenya under the Companies Act. The Bank is regulated by The Central Bank of Kenya, a member of the Kenya Bankers’ Association (KBA) and The Association of Microfinance Institutions (AMFI). It has a strong heritage of 25 years and has been recognized as one of Kenya’s fastest growing banks.
realize their dreams, by listening and empowering the community with relevant products and services. The Bank offers customers a full array of financial services that include Banking, Investment, Savings and Insurance with special reference to Community, Retail, MSME, Institutional Banking segments and Bancassurance.
History of Faulu
Faulu Microfinance Bank was founded by Food for the Hungry International (FHI), a Christian relief organization, Loan scheme program that targeted the economically active poor in Mathare. From its humble roots as a loan scheme in 1991, Faulu is currently one of the top Micro Finance Banks in Kenya and has successfully developed a platform aimed at banking the previously unbanked though a variety of savings, credit, micro insurance and mobile banking solutions.
Faulu Microfinance Bank has demonstrated a track record of enviable growth in its assets and loan book. The bank has grown tremendously over the last 25 years from a single MFI office in 1991 to over 67 service outlets which include 43 banking and 24 Marketing Offices in the 40 out of 47 Counties in Kenya by end of 2017.
Faulu Microfinance Bank has created a strong brand in the Banking Industry and continues to strengthen its presence in the market. The bank envisions to be a market leader through diversified products, wider distribution networks, strategic partnerships and affordable pricing.