On May 23, 2024, Kenya Women Microfinance Bank (KWFT) had the pleasure of hosting a delegation of 14 members from ENAT Bank of Ethiopia, alongside 3 representatives from Predictive Analytics Lab. This visit formed part of their benchmarking and study tour and their interest was to explore and learn more about digital banking within the Microfinance Industry.
ENAT Bank, is a women-focused bank in Ethiopia and they attended this exposure visit at KWFT led by their Vice President Madam Ms. Tigist Abate to gain a deeper understanding of best practices in microfinance, digital banking and sustainability. Their goal was to learn from KWFT’s success in navigating the competitive and digitalized financial sector, thereby enhancing their own strategies for empowering women in their country through digital channels.
The delegation was warmly received by KWFT’s Managing Director, Kariuki Kitabu, Director ICT& Banking Operations – Kibet Kipkemoi and General Manager Marketing & Innovations- Juliana Wanjiru. The MD – Mr Kariuki delivered an insightful presentation on KWFT’s journey in women economic empowerment that emphasized KWFT’s unwavering commitment to empowering women through innovative & sustainable financial solutions as well as encouraging adoption of digital channels within the bank.
In addition, KWFT’s Director ICT and Bank Operations Kibet Kipkemoi, presented the bank’s robust ICT framework and investments that supports KWFT’s operations. In a world that is rapidly becoming more digital, his presentation demonstrated how KWFT stays at the forefront of the microfinance industry by utilizing innovative technologies to improve service delivery and reach the unbanked in the society.
This opportunity to share knowledge and experiences with ENAT Bank and Predictive Analytics Lab is within KWFT’s commitment to advance though leadership and foster collaborative efforts that promote financial inclusion and adoption of innovative solutions within the financial industry.