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

2. 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

3. 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.

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

5. GRAND LAUNCH
LAUNCHED ON JANUARY 15th 2016

6. 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

7. …..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

8. 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

9. 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

10. OUR PRODUCTS

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

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

13. 3. Biashara loans-friendly working capital loans

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

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

16. 6. Soma loan-Affordable, flexible school fees loans

17. 7. Trade Finance-Supporting small scale suppliers

18. 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

19. 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

20. END
THANK YOU 20