Guide to Muungano Microfinance Bank Products and Branches in Kenya
Muungano Microfinance Bank is a licensed microfinance institution regulated by the Central Bank of Kenya (CBK). It was officially authorized to operate as a community-based deposit-taking microfinance bank on October 30, 2019.
What sets Muungano apart is its strong rural focus. Headquartered on the ground floor of EastEnd Mall in Kangari, Murang’a County, it is the first licensed microfinance bank in Kenya to base its operations outside Nairobi. Muungano primarily targets smallholder farmers in Kigumo Sub-county, with a keen focus on value chain financing in the dairy and tea sectors.
Muungano Microfinance Bank Products and Services
A. Agri-Business Loans (Kilimo Kisasa)
1. Muungano Maziwa Boost Loan
Aimed at dairy farmers, this loan finances:
- Purchase of quality dairy cows
- Construction of zero-grazing units
- Animal feed and water tanks
- Domestic milk coolers
- Motorbikes and vehicles for milk transport
2. Muungano Majani Boost Loan
Designed to boost tea production, this loan covers:
- Tea picking labor costs
- Housing improvement for pickers
- Water tank installation
- Bonus-based development loans
B. Business Loans
1. Muungano Boresha Biashara Loan
Supports business growth through:
- Working capital
- LPO (Local Purchase Order) financing
- Business asset acquisition
2. Muungano Mradi Loan
A community-oriented product targeting:
- Dairy cooperatives
- Schools
- Churches
- Chamas and family-led initiatives
Up to 70% of project cost is financed.
3. Muungano Vijana Boost Loan
Tailored for youth entrepreneurship and employment support through:
- LPO financing
- Working capital assistance
C. Personal Loans
1. Muungano Jijenge Loan
Offers financial support for salaried individuals or regular earners to cover:
- Household goods
- Home improvement
- Land acquisition
- School fees, medical bills, holidays
2. Muungano Okoa Loan
A short-term emergency loan or salary advance designed to help you manage unexpected financial challenges.
D. Savings Accounts
1. Haba Savings Account
- Minimum opening balance: Ksh 400
- Interest-earning
- No withdrawal limits
2. Baraka Junior Savings Account
Created for children below 18 years.
- Opening balance: Ksh 400
- Quarterly free withdrawal
- Earns interest
3. Muungano Investment Account
Ideal for groups, chamas, and associations.
- Minimum balance: Ksh 1,000
- Flexible deposits and withdrawals
- Interest-earning
E. High-Yield Savings Options
1. Jiinue Fixed Deposit Account
- Minimum investment: Ksh 5,000
- Fixed tenure options
- Competitive interest rates
2. Timiza Flexi Savings Account
- Designed for future financial goals (school fees, maternity, weddings, etc.)
- Minimum balance: Ksh 1,000
- Allows additional deposits anytime
- Eligible for unsecured loans against deposit
F. Current Accounts
1. Sasa Transactional Account
Best suited for daily business operations.
- No minimum operating balance
- Cheque book provided
- Unlimited transactions
Muungano Microfinance Bank Branch Locations
1. Head Office – Kangari, Murang’a County
- Location: Ground Floor, EastEnd Mall, Kangari
- Phone: 0706 974 747 / 0706 974 343 / 020-4404173
- Email: [email protected]
2. Nairobi Liaison Office
- Location: 7th Floor, Ngara Heights, Musindi Road
- Phone: 0706 974 747 / 0716 604 453
Why Choose Muungano Microfinance Bank?
Muungano Microfinance Bank is deeply rooted in community development and rural economic empowerment. With tailor-made products for farmers, youth, and small businesses, the bank continues to champion financial inclusion in underbanked regions of Kenya. Whether you’re a tea farmer in Kigumo or a young entrepreneur in Nairobi, Muungano provides financial tools that are relevant, accessible, and sustainable.
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