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KWFT History

KWFT History

KWFT HISTORY

Kenya Women Finance Bank PLC (KWFT) was established in 1981 as a credit only microfinance. This was an initiative propelled by group of passionate women from various professions namely; lawyers, bankers, financial experts, entrepreneurs and trainers who were driven by a common goal of establishing a financial institution that would be committed to exclusively address the financial and non-financial needs of the women in Kenya. 

In 2008 it was incorporated as a KWFT DTM which a subsidiary of Kenya Women Holding (KWH) now Echo Network Africa (ENA) and commenced operations in 2009 after taking over the Microfinance business from KWH and later received a license for deposit taking business in March 2010 from Central Bank of Kenya (CBK). 

In 2014, KWFT transformed to Kenya Women Microfinance Bank PLC (KWFT) following the amendment of the Microfinance Act of 2006. KWFT is now operating as a fully-fledged microfinance bank. 

From humble beginnings of just two offices in Karatina and Kilifi, the Institution takes pride to have grown in leaps and bounds over the last 40 years to its current presence of   230 offices spread in 45 out of the 47 counties in Kenya