| Type | Private |
|---|---|
| Industry | Financial services |
| Founded | 13 May 2015 |
| Headquarters | Siron Place, Magadi Road, Ongata Rongai, Kenya |
Key people | MIB Africa Chairman |
| Products | Loans, Savings, Forex Investments, Debit Cards |
| Revenue |  :Aftertax |
| Website | Homepage |
Choice Microfinance Bank, whose full name is Choice Microfinance Bank Kenya Limited or CMBKL, is a deposit-taking microfinance bank in Kenya, licensed by the Central Bank of Kenya, the national banking regulator. [1]
The headquarters and main office of CMBKL are located at Siron Place, along Magadi Road, in Ongata Rongai, approximately 21 kilometres (13 mi), by road, south-west of the city of Nairobi, Kenya's capital city. [2] The geographical coordinates of the headquarters of the microfinance bank are: 01°23'51.6"S, 36°45'28.0"E (Latitude:-1.397667; Longitude:36.757778). [3]
CMBKL is a private financial services provider in Kenya. It was awarded a microfinance banking license by the Central Bank of Kenya, on 13 May 2015. [1] [4] The institution was licensed as a community-microfinance bank, authorized to provide services in Kajiado North Constituency in Kajiado County. As of June 2017 [update] , the institution was in the process of raising fresh capital, in order to qualify for a national licence that authorizes the company to conduct business in all the counties of the country. [5] A regional microfinance company requires KSh20 million (US$200,000) in capital to obtain a licence, while a national microfinance bank requires a minimum capital investment of KSh60 (US$600,000). [6] In May 2017, the institution announced its intention to introduce internet banking and mobile banking services. [7]
The institution is majority owned by Kenyans in the Diaspora, especially the United States, the United Kingdom, Germany, China and South Africa. [5] [8]
As of March 2018, the microfinance bank has one branch at Siron Place, along Magadi Road, in Ongata Rongai, Kajiado North Constituency, in Kajiado County, Kenya. [9]
Africa Nazarene University is a private Christian-founded university in, Kenya, and an affiliate of The Church of the Nazarene Colleges and Universities around the world. Africa Nazarene University is fully accredited by the Commission for University Education and the International Board of Education.
Kajiado County is a county in the former Rift Valley Province of Kenya. As of 2019, Kajiado county spanned an area of 21,292.7 km2, with a recorded population of 1,117,840. The county borders Nairobi and to its south it borders the Tanzanian regions of Arusha and Kilimanjaro. The county capital is Kajiado, but the largest town is Ongata Rongai. Its main tourist attraction is its wildlife.
Spire Bank, formerly known as Equatorial Commercial Bank(ECB), is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator.
Railway stations in Kenya include:
I&M Bank Uganda, formerly Orient Bank, whose complete name is I&M Bank (Uganda) Limited, is a commercial bank in Uganda which is licensed by the Bank of Uganda (BOU), the central bank and national banking regulator.
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Kiserian is a town in Kenya's Rift Valley Province, Kajiado county. Kiserian town is bordered by Ongata Rongai, Ngong Town, Enoomatasiani town and Kisamis town. It is located on the boundary between Kajiado North and Kajiado West constituencies. It lies at the foot of the Ngong Hills, along Magadi Road just adjacent to the Kiserian dam. There is a famous Maasai community around Kiserian town and small Maasai villages called Olteyani and Olooseos. Among other social amenities, Kiserian has several primary schools and secondary schools, and a few higher education institutions. In the language of the Maasai, Kiserian means "a place of peace".
Ongata Rongai is a town located in Kajiado North, Kajiado County, Kenya. The town is situated 17 km (10.6 mi) south of the Nairobi CBD and East of the Ngong hills and within the greater Nairobi Metropolitan Region. It lies 1,731 meters (5,682 feet) above sea level. According to the 2019 Census, it is the most populous town in Kajiado County and eleventh largest urban centre by population in Kenya.
I&M Bank Kenya Limited, is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator.
Chase Bank Kenya Limited(CBK), commonly referred to as Chase Bank, was a commercial bank in Kenya, licensed by the Central Bank of Kenya, the central bank and national banking regulator.
NCBA Bank Kenya, whose full name is NCBA Bank Kenya Plc, is a commercial bank in Kenya. It is licensed by the Central Bank of Kenya, the country's central bank and national banking regulator.
Sidian Bank, formerly known as K-Rep Bank, is a commercial bank in Kenya, licensed by the Central Bank of Kenya, the national banking regulator.
Credit Bank Limited (CBL), commonly referred to as Credit Bank, is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator.
Housing Finance Company Limited, commonly referred to as Housing Finance, is a commercial bank in Kenya, regulated by the Central Bank of Kenya, the central bank and national banking regulator. HFC is major mortgage lender in Kenya and was the second-largest in the market with KSh33.7 billion in mortgage loans, as of December 2019. At that time, Kenya Commercial Bank, the largest mortgage lender in the country had KSh64.3 billion in mortgage loans.
Kingdom Bank Limited (Kenya), formerly Jamii Bora Bank, is a commercial bank in Kenya. It is one of the commercial banks licensed by the Central Bank of Kenya, the national banking regulator.
Victoria Commercial Bank (VCB) is a private bank in Kenya. It is licensed as a commercial bank, by the Central Bank of Kenya, the Central Bank and national banking regulator.
Kenya Women Microfinance Bank, formerly Kenya Women Finance Trust or KWFT, is a deposit-taking microfinance bank in Kenya, the largest economy in the East African Community.
Unaitas Sacco Society Limited, whose full name is Unaitas Savings & Credit Cooperative Society Limited, also Unaitas Sacco, is a savings and credit co-operative society (Sacco) in Kenya. Membership includes individuals, investment groups and small businesses.
Mayfair CIB Bank Limited, is a commercial bank in Kenya. It is licensed by the Central Bank of Kenya, the country's central bank and national banking regulator.
Coordinates: 01°23′51.6″S36°45′28″E / 1.397667°S 36.75778°E
