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The Central Bank of Kenya has licensed Maisha Microfinance Bank Ltd as the thirteenth micro-finance institution in the country. The regulator said on Monday it had granted a licence to Maisha Microfinance Bank Ltd, to be referred to as Maisha MFB to carry out nationwide microfinance banking business.
“The licence has been issued pursuant to Section 6 (1) of the Microfinance Act, 2006 and Regulation 5 (3) of the Microfinance Regulations, 2008,” the Central Bank of Kenya (CBK), said in a statement yesterday.
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