Faulu Kenya Loans – review 2026

Faulu Microfinance Bank is a deposit-taking microfinance bank regulated by the Central Bank of Kenya (CBK) under the Microfinance Act, and is owned by Old Mutual, a major pan-African financial services group. Faulu is not a commercial bank under the Banking Act and not a SACCO regulated by SASRA, though it shares some lending methodology with both sectors.

Faulu provides both group and individual business loans to micro, small and medium enterprises, with a strong historical presence in informal market segments and faith-based community lending networks, reflecting its origins as a Christian-founded microfinance organisation. This gives Faulu particular reach among market traders, church-affiliated savings groups and small informal businesses that may not meet mainstream bank documentation requirements.

Fees and Eligibility

As a CBK-regulated deposit-taking microfinance bank, Faulu must disclose its lending rates and fees to borrowers and operates under CBK prudential oversight. Group loan applicants typically benefit from simplified documentation requirements compared with individual facilities, which require more conventional proof of business income.