Sumac Microfinance Bank was established in 2004 by a group of 14 investors who came together as a chama. We subsequently opened our doors to the public as Sumac Credit Ltd with a mission to empower entrepreneurs who had found the going tough owing to the stringent loan requirements by commercial banks.
Later on, we transitioned into a microfinance institution and upon the enactment of the Microfinance Act in Kenya. We applied to the Central Bank of Kenya for a license to operate as a Deposit-taking microfinance bank, were successful eventually.
We have since become key players in the micro-finance sector, and have a successful history of disbursing loans to businesses that have become a remarkable story of exceptional achievements.
We have gained exemplary reputation in the market place, and our products have become easily accessible banking facilities that will remain the hallmark of reliability and dependability in as far as building business enterprises is concerned.
Are you a businessperson who seeks to take your business to the next level? Have you had trouble obtaining a viable loan from financial institutions? Well, your dilemma comes to an end when you pay us a visit in any of our branches. Our team is ready to assist you break the barriers and scale new heights in your quest for success.
In a world that has become a challenging and harsh environment for businesses, we will stand with you. When all seems too difficult and there’s no money coming your way, you can depend on us. When business seems to be creeping slowly but gradually to a standstill, you can look to us for a timely and practical financial solution. We have your back, and will gladly hold your hand through trying business times.
We are your reliable, dependable and easily accessible financial solution provider. The success of your business enterprise is our success; that is why we are in the marketplace to empower you to achieve your business dreams.
Our mantra, which has seen us help businesses transform into vibrant entities in the market, is to “empower businesses for sustainable growth and success”.