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Catholic Church micro finance starts operations

Caritas Microfinance Bank chief executive George Maina.

The Catholic Church has unveiled a micro finance institution to tap into a large unbanked Kenyan population.

Caritas Microfinance Bank (Caritas MFB), which was licensed to operate as an MFI by the Central Bank of Kenya (CBK) in June 2015, joins several other faith based financial services providers.

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