Category Archives: News Updates

Vacancy for Business Development Manager at Sumac

Sumac Microfinance Bank is hiring again! BUSINESS DEVELOPMENT MANAGER (BDM) PURPOSE OF THE ROLE Reporting to the Chief Executive Officer, the role holder will work closely with the Senior Management and Branch Managers to drive business growth, innovations and development. This position directly supports the Branch managers, Relationship officers, Customer service officers to identify, develop […]

Dealing with dwindling income during COVID-19

Dealing with dwindling income during COVID-19 By Sumac Media TEAM You may be worried about falling into financial difficulties during this difficult Covid-19 period. For example, if your income drops due to coronavirus restrictions or you incur unexpected expenses, you may find you don’t have enough to cover your usual outgoings. Sumac Microfinance Bank CEO […]

Sumac: Beware of fraudsters using our Bank’s name

Sumac Microfinance Bank Ltd has issued an urgent alert to its customers and the public at large to beware of fraudsters using the bank’s name to defraud them. This follows an incident over the weekend of May 23, 2020, in which a suspected conman began a racket to steal from Kenyans using an account opened […]

In the end, we shall win this war

In the end, we shall win this war By Sumac Media TEAM The outbreak of the novel coronavirus has threatened the whole world. Started in China, the pandemic has expanded its footprint across the globe in a short period of time. This rapidly increasing outbreak has induced governments around the world to take strict preventive […]

Strategy is critical during pandemic

Strategy is critical during pandemic By Sumac Media TEAM The news is dominated by details of the COVID-19 pandemic. New, conflicting information is available daily. The number of confirmed cases continues to grow, as does the number of countries affected. The impacts on human health and the ultimate scale of the crisis are still being […]

A survival plan for small businesses during Covid-19 pandemic

A survival plan for small businesses during Covid-19 pandemic By SUMAC Media Team There’s no doubt that small businesses will be the hardest hit from the current COVID-19 pandemic. The bigger businesses have a better chance of surviving; however, small businesses tend to live only with a few months of cash flow (at most), so […]

In light of Covid-19 pandemic, our business hours have slightly changed

Changes in our business hours We wish to bring to the attention of all our clients, customers and the public at large that our business hours have been reviewed indefinitely, in light of the Covid-19 Coronavirus pandemic ravaging the world. It is an unfortunate situation, but one which we have to bear with, especially in […]

Sumac Chairman: Where it all began for this amazing bank

Sumac Chairman: Where it all began for this amazing bank They say every institution has a history. Some have a more remarkable one than others, and that is why we sought to understand the history behind Sumac Microfinance Bank, and why it has experienced a meteoric rise in 20 years since 2001. Sumac Microfinance Bank […]