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Microfinance Company Equity Stake For Sale in Nairobi, Kenya

Strategic partnership opportunity in a lending/microfinance company led by an experienced ex-banker.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 930 thousand
Run Rate Sales USD 1.16 million
EBITDA Margin 5 %
Industries Microfinance + 1 more
Locations  Nairobi
Local Time 7:21 AM Africa / Nairobi
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 4.7 million for 50.0% stake (Native Currency: KES 600,000,000)
Reason: We are seeking a strategic investor who can contribute both mobile lending technology and growth cap... View More
Includes physical assets worth USD 1.32 million
Interested to connect with advisors
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Business Name
Not disclosed
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Business Overview
- Lending company in Kenya specializing in micro lending.
- We do not hold deposits but are licensed by the Central Bank of Kenya as a Digital Credit Provider.
- Our major revenue streams are interest income from lending operations and fees & penalties for processing and defaults/late payments.
- Our interest rate vary from 3-7% per month across the different products.
- Our company has served over 50,000+ customers in just the last 1 year.
- We have a Certificate of Incorporation and licensed by the Central Bank of Kenya as a Digital Credit Provider.
- The company is led by an experienced ex-banker.
Products & Services Overview
- The business primarily operates in secured lending, offering loans backed by tangible collateral.
- Its core offerings include vehicle-backed loans where borrowers retain use of the vehicle, property-backed loans secured against land or real estate, and salary-linked loans with repayments deducted directly from income.
- It also provides asset financing for business equipment and vehicles, along with short-term trade and working-capital solutions such as financing for contract execution and import-related payments, mainly serving individuals and small to mid-sized businesses.
Assets Overview
Tangible assets include:
- Owned residential real estate worth KES 100 million. These flats are not used for the business operations but are technically owned by the business and mentioned in its balance sheet as assets.
- Cars and vehicles worth KES 40 million.
Office equipment, furniture and fixtures worth KES 30 million.
Facilities Overview
- Our headquarters are located in Nairobi and apart from this we have 4 branches across Kenya.
- All the offices are rented.
Capitalization Overview
- 2 shareholders in the company with a shareholding split of 70:30.
- The business is financed with a mix of its own funds and short-term financing taken from other financial institutions.
- The business has no fixed long term loan.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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