Microfinance Company Equity Stake For Sale in Nairobi, Kenya
| 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 |
- 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.
- 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.
- 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.
- All the offices are rented.
- 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.