Below is a list of branches and contacts for Rafiki Microfinance Bank, loans and accounts:
Rafiki Microfinance Bank Branches and Contacts
Headquarters
Location: Nairobi C.B.D
Building: Rafiki House
Street: Biashara St.
Town: Nairobi.
Call us: 0711 073 000
Tom Mboya
Location: Nairobi C.B.D
Building: El Roi Plaza
Street: Tom Mboya St.
Town: Nairobi.
Call us: 0711 073 613
Westlands
Location: Westlands
Building: Brick Court opposite Mpaka Plaza
Street: WoodVale Groove
Town: Nairobi.
Call us: 0711 073 587
Kayole
Location: Kayole
Building: Embakasi CDF
Street: Spine Road
Town: Nairobi.
Call us: 0711 073 461
Ruiru
Location: Ruiru Town
Building: Rafiki Building Ruiru
Street: Githungiri Road
Town: Ruiru.
Call us: 0711 073 553
Thika
Location: Thika Town
Building: Co-operative Building
Street: Kenyatta Highway.
Town: Thika.
Call us: 0711 073 430
Limuru
Location: Limuru
Building: Grand View Plaza
Street: Manguo Road
Town: Limuru.
Call us: 0711 073 670
Moi Avenue
Location: Mombasa
Building: Pan Africa House
Street: Moi Avenue
Town: Mombasa.
Call us: 0711 073 730
Nakuru
Location: Nakuru Town,
Opposite Maya Emporium
Building: Fhaiv Shiv Ground Floor
Street: Kenyatta Avenue
Town: Nakuru.
Call us: 0711 073 840
Eldoret
Location: Eldoret
Opposite Tuskys Supermarket.
Building: Eldoret Building
Street: Kimalel Street
Town: Eldoret.
Call us: 0711 073 808
Kitengela
Location: Kitengela Town
Building: Kitengela Mall, Ground Floor
Town: Kitengela.
Call us: 0711 073 497
Ongata Rongai
Location: Ongata Rongai
Opp. Tuskys Supermarket
Building: Great Wide Mall
Street: Magadi Road
Town: Ongata Rongai.
Call us: 0711 073 523
Wote
Location: Opposite Kenol
Petrol station.
Building: Nesa Plaza
Street: Machakos-Wote Road
Town: Wote.
Call us: 0711 073 761
Machakos
Location: Nxt to Peter Mulei Supermarket
Building: Utisi House
Street: Machakos-Wote Road
Town: Machakos.
Call us: 0711 073 601
Kisumu
Location: Kisumu Town
Building: Kisumu opp. Kibuye Market
Street/village: Kibuye Market Place-Kakamega Rd
Town: Kisumu.
Call us: 0711 073 783
Mbale
Location: Mbale-Next to Barclays Bank
Building: Shaonyo’s Building
Street: Kegoye Road
Town: Mbale-Vihiga
Call us: 0711 073 640
Likoni
Location: Opposite Chief’s Camp
Building: Rafiki Building
Street: Lunga Lunga Road
Town: Likoni.
Call us: 0711 073 705
Mtwapa
Location: Mombasa
Building: Mtwapa
Street: Mombasa-Malindi Highway
Town: Kilifi.
Call us: 0711 073 755
Kengeleni
Location: Kongowea Market
Building: Kengeleni
Street: Fidel Odinga Rd
Town: Mombasa.
Call us: 0711 073 721
Saving products and list of accounts
Personal Accounts
Benefits
- Flexible – can deposit any amount
- 24 hours easy access to your money through multiple service outlets across the country i.e. Rafiki Branches, VISA ATMs, and Rafiki Mkononi App.
- Unlimited withdrawals
- Competitive interest rates on deposits
- No monthly ledger fees
- No account maintenance fees
Requirements
- Original and copy of national ID/passport
- 1 passport size photo
- Copy of KRA PIN certificate
- Dully filled account opening form
Biashara Savings Account
Benefits
- No ledger fees
- Access to cheque books for easy payments.
- Unlimited deposits of any amount
- Competitive interest rates on deposits
- Unlimited daily access to your funds via over the counter withdrawals, ATMs, and Rafiki Mkononi App
Requirements
- Original and copy of national ID/ passport
- 1 passport size photo
- Certificate of registration of the business
- Copy of KRA PIN certificate
- Dully filled account opening form
Mradi Savings Account
Benefits
- Competitive Interest rates
- Easy way to save and raise money for business and projects (mradi)
- Loan facility of up to 90% of Mradi deposits at reasonable interest rates payable in a maximum of 12 months.
- Minimum savings plan of 3 months
- Withdrawal allowed once per quarter to build deposits
Requirements
- Original and copy of national ID/passport
- 1 passport size photo
- Copy of KRA PIN certificate
- Dully filled account opening form
Junior Horizon Account
This account is for parents who want to invest and secure the future of their children below 18 years. This inculcates the culture of saving in children.
Benefits
- Minimum opening/operating balance of KES. 0.00
- Two free statements in a year
- One free withdrawal per quarter; Extra withdrawals within the quarter will attract a fee of KES. 0.00
- Clients graduates automatically to Rafiki savings account after 18yrs
- Free banker’s cheques for fees on school opening.
- Free internal transfers (if guardian /Parent/ school is an account holder).
Requirements
- Original and copy of guardian’s national ID/passport
- A copy of guardians/ parents KRA PIN
- Passport photo of the child
- Birth certificate
- Dully filled application form
Home Account
This account is for the savings of the future investment, either property ownership or home ownership.
Benefits
- Ideal for individuals, groups and limited liability companies.
- No ledger fees
- One withdrawal per quarter
Current account
This account is ideal for business, either as an individual business name or limited liability company.
Benefits
- Access to a Cheque book
- Access to your account anytime with your ATM card, Rafiki Mkononi App.
- Access to overdraft facilities.
- Eligible for business loans.
- Access to foreign currency services and trade finance products.
Business Banking
This account is ideal for lawyers and legal Institutions.
Benefits
- Free Salary processing for staff members with Rafiki Accounts.
- Free monthly e-statements with daily and weekly statements available on request.
- No charge on internal transfers within Rafiki MB.
- Interest payment on deposits.
- Preferential exchange rates for foreign currencies.
- Internet banking
- Designated relationship manager
Kanisa Account
Kanisa account is ideal for churches, church missions and other religious organizations who want to save or are looking for a transactional account.
Benefits
- No ledger fees
- Free bank statement every 6 months
- Provision of cheque books for easy payments.
- Unlimited deposits and withdrawals
- Access to credit facilities
- Access to mobile banking
- Competitive interest rates
Requirements
- Certificate of registration of the church (a copy plus original)
- Minutes indicating the church willingness to open an account with Rafiki Microfinance Bank and the names of the approved signatories and their signing mandate
- A letter from the priest or pastor introducing the church
- Identification cards for the signatories (original and a copy of each), photos will be taken from the banking hall.
- Church constitution
Chama & Sacco Banking
Chama Account
One out of five people are in a chama in Kenya. We provide investment and resource management through chama account for organized groups intending to save and invest together with a common goal.
Benefits
- Free chama training
- Free book keeping software.
- No monthly charges
- Free bankers cheque
- Cheque book
- Competitive interest rates
- The groups not registered as limited companies are assisted with the registration process
- The groups can access loans up to 100% for common project.
Rafiki Sacco Account
This account allows SACCOs to keep track of their funds. It is ideal for SACCOs, co-operatives, and farmer groups.
Benefits
- No monthly ledger fees.
- Competitive interest rates
- Cheque book available
- Easy and convenient contribution channels for instance M-pesa platform.
Requirements
- Certified copy of Extract of minutes of the AGM/Central Management Committee/Board in agreement to open an account
- Copy of SACCO’s by-laws
- Copy of registration certificate
- Certified Copy of ID/passport of Authorized signatories or office bearers
- One Colored passport size photograph for each signatory
- KRA PIN for the SACCO
- Dully filled account opening form.
Sacco Reserve Deposit Account
This provides societies with an avenue to save and comply with the new legislation requiring all societies to put aside 20% of the surplus before payment of dividend and interest in liquid cash.
Benefits
- Competitive interest on deposits based on the level of balances as below.
- No monthly charges
- Assigned relationship manager
- Access to a cheque book
Rafiki Microfinance Bank List of Loans
About Asset Finance
We provide the best solutions to businesses to purchase movable assets such as commercial motor vehicles, personal vehicles, and motor bikes for bodaboda, tuktuks, tractors and other movable assets.
Benefits
- We finance up to 90%
- Competitive interest rates
- Flexible collateral requirements
- Quick loan processing
- We provide insurance premium finance
Housing Loans
About Housing Loans
Our housing product loan is designed for anyone who wants to own already built houses, land purchase land and house renovations.
Benefits
- Assignment of dedicated relationship officer for customized service
- We provide construction finance.
- Flexible collateral requirements.
- Financing of ready build house up to 90%
- Flexible loan tenure
Business Loans
Our business loans are designed to provide small and micro business owners with working capital. We strive to understand business needs and customize appropriate financial solutions.
Benefits
- Flexible security requirements
- Affordable with no hidden charges
- Flexible loan repayment period
- Quick loan processing
- Access to business and financial education.
Agri-business Loans
The agri-business loan supports value chain players with cash requirements of farm inputs, assets/equipment, working capital requirements and advances on farm deliveries.
Benefits
- Quick loan processing
- Flexible collateral for agri-loans
- Financing for farm expansion that includes; farming equipment and asset acquisition
- Financing across all agri-value chain (livestock and crops)
Chama & SACCO Loans
Chamas pool resources together to secure their future through common projects. We finance up to 100% cost of project. Loan approval is based on members’ contributions.
Benefits
- Flexible security requirements
- Up to 100% financing
- Affordable with no hidden charges
- Flexible loan repayment period
- Quick loan processing
Trade Finance
Our trade finance products support business processes especially with government and non-government procuring entities.
What we provide
- Bid bonds
- Performance bonds
- Advance payment guarantees
- Letters of credit