Our Story




Jamii Bora Bank began as the Jamii Bora Trust in1999, as an initiative of 50 street families who came together to find a solution to their financial problems. With the help of Ingrid Munro and a number of Swedish investors, the Jamii Bora Trust was founded as a charitable trust and registered on 22nd November 1999, providing micro-finance solutions to Kenya’s low income earners.


On 1st January 2007 Jamii Bora Kenya Ltd. took over the micro-finance operations from the Trust, managing them until March 2010, when City Finance Bank acquired the assets, business and liabilities of Jamii Bora Kenya Ltd and changed its name to Jamii Bora Bank Ltd.


It is our belief that anyone can succeed and we can help everyone succeed, through the use of technology, innovation and human capital.



We are Kenya’s fastest growing Bank, with a dedicated customer base of over 300,000 and 33 outlets countrywide, of which 21 are already fully-fledged Central Bank of Kenya-approved Branches.



In December 2011 the Bank’s Board of Directors successfully concluded a rights issue that shored the Bank’s capital base by raising Kshs. 270 million from the shareholders and introduced a strategic investor, Asterisk Holdings Ltd., who injected a further Kshs. 320 million. Asterisk Holdings Ltd. also took up the responsibility of proposing management for the next five years, to oversee the Bank’s turnaround strategy.



Jamii Bora Bank Ltd has raised an additional Kshs. 520 million via a rights issue concluded in December 2012 bringing the Banks core capital to Kshs. 1.3 billion. This implies that the Bank raised over Kshs. 1 billion in capital since October 2011, thereby positioning itself for sustained growth and demonstrates the confidence shareholders and investors at large have in the Bank’s new direction.



Our Future.

As Kenya’s fastest growing Bank we have set ourselves ambitious targets, aiming to be one of Kenya’s middle tier banks by the end of 2013. Our goal is to eventually become a pan-African micro financier, and to grow with our customers as they move towards financial prosperity.


Our main focus will be leveraging technology to enable our customers and all our stakeholders have access to a truly robust financial service that will enhance and transform their lifestyles anywhere, anytime and enabling them to do anything. We expect that this will significantly reduce the cost of access to financial services and enable the Bank to bring its services to Kenyans, East Africans and the Africans all over the continent.


We also plan to transform more of our sales outlets into fully-fledged bank branches, to invest in new strategically located outlets and to roll out a unique agent banking proposition thereby reaching more customers with not only our flagship micro-finance products, but with newer products and services to match their financial needs.


We are committed to ensuring that all our customers and members achieve and exceed their own measures of success in every aspect of their lives and turn their dreams into reality!


Our Take on Devolution.

The new constitution heralds devolution and the distribution of resources so that the people of Kenya take more control of the development agenda of their regions. We are excited about this prospect and have already developed a unique approach to support County Governments to provide low cost housing, improve infrastructure, water and sewerage, collect revenue and partner to implement programs that provide employment to the youth.