Fincorp Credit Limited, established on February 19, 2020, is making a significant impact in Kenya’s financial sector by providing tailored financial solutions that empower individuals and businesses. With over 24 years of senior management experience in the microfinance industry, Fincorp Credit is committed to financial inclusivity and empowerment.

Comprehensive Financial Services

Fincorp Credit offers a diverse range of products and services designed to meet various financial needs:

• Loans: Products include Asset Financing, Import Duty Financing, Logbook Loans, Okoa Biashara Loans, and Mshahara Loans, addressing both personal and business financial requirements.
• Insurance Services: Providing coverage options that safeguard clients against unforeseen risks.
• Trade Finance Solutions: Facilitating business operations through services like Bid Bonds, Performance Bonds, and Custom Bonds.
• Islamic Finance: Offering Shari’ah-compliant products to cater to clients seeking interest-free financial solutions.

Strategic Partnerships and Collaborations

Fincorp Credit has formed strategic alliances to enhance its service delivery:

• Kenya National Chamber of Commerce & Industry (KNCCI): As a Gold Member, Fincorp collaborates with KNCCI to empower SMEs by providing tailored financial solutions, including loans, insurance, and trade finance. This partnership focuses on improving financial access in regions such as Meru, Thika, and Kitengela. citeturn0search0

Expansion and Accessibility

Demonstrating a commitment to accessibility, Fincorp Credit has expanded its presence by opening branches in Meru and Kitengela. These branches offer a wide range of financial products and services to individuals, small businesses, and corporate clients, contributing to the economic development of these regions. citeturn0search5

Innovative Financial Solutions

Fincorp Credit stands out through its innovative approach to financial services:

• Shari’ah-Compliant Products: Recognizing the demand for interest-free financial services, Fincorp adopted the Islamic microfinance business model in October 2022. This initiative aims to serve unbanked Muslims seeking Riba-free facilities and to promote financial inclusion across diverse groups. citeturn0search3

Conclusion

Through comprehensive financial services, strategic partnerships, expansion efforts, and innovative solutions, Fincorp Credit Limited is making a tangible difference in Kenya’s financial landscape. Its dedication to empowering individuals and businesses fosters economic growth and contributes to the prosperity of communities across the country.