Sumac Microfinance enters big partnership with Sima LLC

Sumac Microfinance Bank has announced a major partnership with US based Social Investment Managers & Advisors (SIMA) LLC to fund its growing loan inquires and other investment opportunities. SIMA is globally known for successful funding ventures in the entire globe and has a presence in all continents across the world. In this arrangement, SIMA will […]

Sumac enters deal to sell Biogas

Sumac Microfinance Bank has entered a long-term agreement with the Kenya Biogas Programme to sell Biogas to both existing and potential clients throughout the country. The Kenya Biogas Program (KBP), a constituent of the Africa Biogas Partnership Program (ABPP) aims to achieve the development of a commercially viable domestic biodigester sector in Kenya by 2019. […]

Factors that have pushed Sumac to the top

There are factors that have pushed Sumac to the top. The recent award as the 2nd Fastest Growing Microfinance Bank didn’t come cheap. Some of the factors that have played an important role in this meteoric rise include the fact that Sumac advances loans as low as Sh50,000. The interest rates on loans are low, […]

How Sumac Made it to the top League

Sumac Microfinance Bank was recently recognized as the Second Fastest Growing Microfinance Bank in the Think Business Banking Awards 2018. It comes on the back of the bank’s recent opening of a fourth branch in Nakuru. This hasn’t come easy, and for Sumac to be afforded this remarkable reputation, the team behind this rapidly growing […]

Sumac sponsors Sigona Golf Event

SUMAC SPONSORS SIGONA GOLF EVENT For the fifth year running, Sumac Microfinance Bank has sponsored the Sigona Golf Night, which is a major event in the golfing calendar in Kenya. The bank pledged to continue sponsoring this auspicious event, and has been credited with helping the Sigona Golf Club to thrive and develop. The event, […]

How Sumac became one of the fastest growing Microfinance Banks in Kenya

Sumac Microfinance Bank was recently highly feted at the Think Business Banking Awards as the 2nd Fastest Growing Microfinance Bank. This hasn’t been an easy achievement. We have since gone behind the scenes to discover what really were the factors that played a major role in ensuring that Sumac came tops. It is now emerging […]

Sumac Microfinance Bank wins Big at the Banking Awards 2018

Sumac Microfinance Bank has emerged the Runners Up in the Fastest Growing Microfinance Bank Category, at the Think Business Banking Awards 2018. This is the first time Sumac has received such an award, a clear sign of the significant growth and strong position that the bank has recently acquired in the market. “It’s all down […]