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Monthly Archives: June 2024

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KWFT HOSTS DELEGATION FROM CABS BANK-ZIMBABWE

On June 20, 2024, KWFT hosted a delegation from Central Africa Building Society (CABS), the 3rd largest bank in Zimbabwe, for a peer-to-peer learning visit. This visit was organized by SME Support Centre to facilitate knowledge sharing and to enable the CABS Management Team to learn from KWFT’s best and sustainable practices on the agenda of supporting Women owned and led SMEs.

The CABS Team was received by KWFT’s Ag Managing Director Kariuki Kitabu and the Senior Leadership Team who presented an insightful overview of KWFT’s Strategic Direction and business operations, highlighting how the Institution has positioned women as the cornerstone of change in Kenya. The presentation showcased KWFT’s tailored products and services specifically designed for women and their families, emphasizing commitment to gender-focused financial solutions.

KWFT shared insights anchored on the necessity for financial institutions to also incorporate holistic approach of encompassing policies that target the workplace and marketplace, ensuring an inclusive and holistic approach to gender inclusion. This is in alignment with KWFT’s mission and it underscores the Institution’s dedication to fostering an inclusive financial ecosystem.

The platform provided a valuable exchange session, allowing both teams to discuss strategies, share experiences, and explore collaborative opportunities. These interactions underscored the critical role of regional cooperation in achieving inclusive communities and advancing financial inclusion and empowerment initiatives.

Categories News

KWFT HOSTS TANZANIAN DELEGATION TO SHARE EXPERTISE IN HOUSING MICROFINANCE

On June 12, 2024, the Kenya Women Microfinance Bank (KWFT) hosted a delegation from Habitat for Humanity International (HFHI), the Tanzania Mortgage Refinancing Company (TMRC), the National Bank of Commerce – Tanzania, and FINCA Microfinance Bank – Tanzania. Also in attendance was MicroSave Consultancy.

The objective of the visit was to learn from KWFT’s success journey in housing microfinance and integration of gender, technology, green financing, and WASH (Water, Sanitation, and Hygiene) principles into its financial products. This visit was key to HFHI’s and TMRC learnings, as they aim to revolutionize housing finance for low-income sectors in Tanzania.

The delegation was warmly welcomed by Kariuki Kitabu and senior leadership of KWFT. The visit began with an insightful presentation on how KWFT has successfully tackled housing challenges in Kenya. The presentation highlighted KWFT’s innovative approaches to integrating Water, Sanitation, and Hygiene (WASH) and Energy principles into their housing microfinance products, ensuring support for low-income households.

The team thereafter embarked on a field trip to Machakos to gain firsthand experience of KWFT’s impactful work where they interacted with beneficiaries of housing microfinance product from KWFT. The interactive sessions offered insights to implement effective and sustainable housing finance solutions.

KWFT’s commitment to innovation and sustainability in microfinance serves as an inspiring model for other institutions aiming to create meaningful change in their communities. KWFT remains dedicated to leading the way in innovative and inclusive microfinance practices.