Our History
Who We are
SMEP Microfinance Bank Limited is a public limited company incorporate under the companies Act (Cap 486) and licensed under the Microfinance Act (Cap 493D) regulated by the Central Bank of Kenya to offer banking services focusing on Group banking, SME & Church banking. SMEP has a subsidiary company, SMEP Bancassurance Intermediary, which provides insurance services to diverse customer insurance needs.
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Established
Started out as a relief arm of NCCK. -
Rebranded
Small and Micro Enterprise Program (SMEP). -
Licensed
3rd MFI to be awarded deposit taking license by CBK. -
Mobile Banking
Launched Mobile Banking system. -
VISA Cards
1st MFI in Africa & 2nd Globally to introduce Visa cards. -
Name Change
Changed name from SMEP DTM to SMEP Microfinance Bank Ltd. -
Insurance
Established SMEP Insurance Agency supported by >50 Agents -
52 Week Savings
Launched 52 Weeks Saving challenge, Chunga mchungaji and Chariot account. -
Core Banking
Upgraded to robust Inclusive Banking Suite, Ushika Fanisi & CashKash Mobile Wallet. -
Cash Kash
Launched mobile wallet, Cash Kash and PESALINK.