STAKEHOLDERS FORUM VENUE: SILVER SPRINGS HOTEL PRESENTER: HENRY RITHAA, M.D MERU COUNTY MICRO-FINANCE CORP

Meru County Microfinance Corporation is established via The Meru County Microfinance Corporation Act, 2014 {Meru County Gazette Supplement No. 12 (Acts No.4)}. Key mandate as spelt out in the Act: Financial services(Credit) Business advisory services and Capacity building to entrepreneurs Background

Vision & Mission VISION To be the model Microfinance corporation offering quality and affordable financial products to its customers. MISSION To reduce poverty through offering financial and business development services that are customer focused efficiently and professionally administered.

Our Core values Integrity Creativity Team work Fairness and objectivity Transparency and accountability Customer satisfaction Value for money Efficiency

GRAND LAUNCH LAUNCHED ON JANUARY 15th 2016

H.E GOVERNOR MUNYA OPENS THE MAIDEN BRANCH IN MAUA OUR FIRST BRANCH H.E GOVERNOR MUNYA OPENS THE MAIDEN BRANCH IN MAUA 15TH JANUARY,2016

…..Then MERU Branch H.E Governor Peter Munya signing the visitors book inside our Meru Branch, Ntara place, just after opening the Branch on 15th January,2016

Inside Our Maua Branch H.E Governor Peter Munya officially opening the doors of our Maua branch H.E Governor Peter Munya signing the visitors book inside our Maua branch on 13th January,2016

Broad products for the following : Target Market Broad products for the following : Farmers-Agricultural production and marketing The Youth and Women -Focussing on general trade, Artisans, ICT, Beauty sector and related areas Education-School fees for high school, colleges and universities General traders

OUR PRODUCTS

1. Pambazuka loan- Broad, flexible finance to Young entrepreneurs

2. Mali Yangu Loan-Affordable asset finance to open up small scale enterprises

3. Biashara loans-friendly working capital loans

4. Kilimo bora –Strengthening agri-business Dairy Farming Horticulture

5. Soko loan - Short term finance to traders in open markets

6. Soma loan-Affordable, flexible school fees loans

7. Trade Finance-Supporting small scale suppliers

ACHIEVEMENTS-OUR SCORECARD   ACHIEVEMENTS-OUR SCORECARD PARTICULARS AMOUNT (Kshs.) Total loan disbursements 103 Million Borrowing accounts Over 4,500 Total membership (Groups) 0ver 225 No. of branches 2

GOING FORWARD Strengthen Asset finance Mobile based disbursement for convenience and ease of access Convert to Deposit Taking Microfinance-DTM Invite the Meru community to own their Bank!!! Partnerships with development actors ,marketing societies and buyers

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