BnF was founded in 2015 to respond to a need for end-user financing for socially impactful products in Kenya. BnF finances SME end-user clients and is part of the Venture South International network which specializes in SME finance. Our partner BnF is registered as "Lending Company" in Kenya.
Juddie Mmosi is the Executive Director and has more than 15 years of experience in the world of microfinance, finance and SME lending. She is an experienced manager and has worked with several international organizations.
|Prestatario||Biashara na Fedha (VSK) ltd|
|Fundado||1 Enero 2015|
|Activo en Lendahand desde||1 Mayo 2016|
Información financiera para 2021-06-30
|Resumen de la cartera||€312,647.18|
|Ratio de apalancamiento||36.00%|
|Ratio de amortización de los últimos 12 meses||1.00%|
|% de inversión en mora (>90 días)||82.48%|
Kenya has the highest income per capita and the largest economy of East Africa, making the country the financial center of the region. This is partly due to its convenient location at the coast, allowing the country to be the regional trade center. Kenyans are typically higher educated compared to people in neighboring countries. There is a free market and low import and export restrictions. All of these factors lead to Kenya being the main location for foreign companies to settle in after South Africa. Important sectors are agriculture, industry and services, including the financial sector. The increase in export of tea and flowers also contributes to an influx of foreign currency.
Último proyecto financiado
With a loan of EUR 15,850 local partner BNF will be able to install 72 solar home systems at households in Kenia.