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List of Muungano Microfinance Bank Products and Branches

Muungano Microfinance Bank is one of the 14 licensed microfinance banks in Kenya. Established in 2019, it focuses on supporting rural small-scale farmers, particularly in the dairy and tea sectors, through value chain financing. Below are the bank’s products and branch details.


Muungano Microfinance Bank Products

A) Agri-Business Loans (Kilimo Kisasa)

  1. Muungano Maziwa Boost Loan
    • Designed to help farmers maximize milk production.
    • Finances:
      • Dairy cows
      • Zero-grazing units
      • Quality animal feeds
      • Domestic milk coolers
      • Water tanks
      • Motorbikes and vehicles
  2. Muungano Majani Boost Loan
    • Helps maximize tea production.
    • Finances:
      • Labour for tea picking
      • Tea pickers’ housing improvements
      • Water tanks
      • Development loans (bonus-based)

B) Business Loans

  1. Muungano Boresha Biashara Loan
    • Supports day-to-day business operations.
    • Finances:
      • LPO financing
      • Business asset financing
      • Working capital loans
  2. Muungano Mradi Loan
    • Focuses on community projects like dairy societies, churches, schools, chamas, and families.
    • Finances up to 70% of the project cost.
  3. Muungano Vijana Boost Loan
    • Targets youth for economic empowerment.
    • Finances:
      • LPO financing
      • Working capital loans

C) Personal Loans

  1. Muungano Jijenge Loan
    • For regular earners to finance:
      • Household asset acquisition
      • House improvement
      • Land purchase
      • Holidays, medical expenses, and education
  2. Muungano Okoa Loan
    • Short-term loan or salary advance for emergencies.

D) Savings Accounts

  1. Haba Savings Account
    • Minimum balance: Ksh 400
    • Unlimited withdrawals
    • Interest-earning
  2. Baraka Junior Savings Account
    • Designed for kids.
    • Features:
      • Opening balance: Ksh 400
      • Interest-earning
      • Quarterly free withdrawal
  3. Muungano Investment Account
    • Targets groups, chamas, and associations.
    • Features:
      • Deposit and withdrawal at will
      • Minimum balance: Ksh 1,000
      • Interest-earning

E) High Interest-Earning Accounts

  1. Jiinue Fixed Deposit Account
    • Fixed-term deposit starting from Ksh 5,000
    • Attractive interest rates
  2. Timiza Flexi Savings Account
    • High-interest account for specific goals like school fees, maternity, weddings, etc.
    • Features:
      • Minimum balance: Ksh 1,000
      • Allows additional deposits
      • Attractive interest rates
      • Unsecured loan available against the deposit

F) Current Accounts

  1. Sasa Transactional Account
    • Suitable for business operations.
    • Features:
      • No minimum balance
      • Cheque book issued
      • Unlimited deposits and withdrawals

Muungano Microfinance Bank Branches

  1. Head Office
    • Location: Ground Floor, EastEnd Mall, Kangari, Murang’a County
    • Contacts:
  2. Nairobi Liaison Office
    • Location: 7th Floor, Ngara Heights, Musindi Road
    • Contacts:
      • Phone: 0706 974 747 / 0716 604 453

Muungano Microfinance Bank continues to empower farmers and communities with tailored financial products to improve livelihoods and foster economic growth.

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