K-Rep was established in 1984 as a project that supported the development of Small and Micro Enterprises through NGO managed programs.

 

In 1987, the project was incorporated as local NGO. It changed its original strategy of supporting NGOs with grants and technical assistance, to that of advancing loans to the NGOs, in 1989. In the same year it established a micro-credit lending program and established this as the core business and growth area. It also expanded its activities to include research & product development, as well as changing its Technical Assistance (TA) activities to a for-a-fee capacity building service.

 

In 1999 it established K-Rep Bank and two other entities; K-Rep Development Agency – to carry on its research and development work and K-Rep Advisory Services to serve as its consulting wing.

The K-Rep Group is a private local development organization whose mission is to stimulate the participation of low-income & poor people in the economic development process.

 

Investors

The International Finance Corporation (IFC)

The International Finance Corporation (IFC) promotes sustainable private sector investmentin developing countries as a way to reduce poverty and improve people’s lives.

IFC is a member of the World Bank Group.

 

African Development Bank

The African Development Bank is the premier financial development institution of Africa, dedicated to combating poverty and improving the lives of people of the continent and engaged in the task of mobilizing resources towards the economic and social progress of its Regional Member Countries.

 

The Netherlands Development Finance Company (FMO)

The FMO (the Nederlandse Financienngs-Maatschappij voor Ontwikkelingslanden NV or Netherlands Development Finance Company) finances companies which want to grow but are unable to do so without outside assistance. Business-like, decisive, and professional, the FMO is the Dutch development bank targeting the expansion of private enterprise in emerging markets

 

Triodos Bank

Triodos Bank is one of Europe’s leading ethical banks. It was founded in 1980 in the Netherlands to finance a new generation of enterprises creating social added value and caring for the environment, and to give people new ways to save and invest ethically. It was founded by Triodos Bank and DOEN Foundation in 1994. It is one of the first private funds worldwide investing in Micro Finance institutions and is managed by Triodos International Fund Management.

 

ShoreCap International

Development Finance Investment company owned by a number of institutions including ABN AMRO, Asian Development Bank, Shorebank corporation among others.

 

ESOP

A Co-operative society for staff and members of the board members that serves as a vehicle for equity participation for its members, through a Employee Stock Ownership Program (ESOP) that is run by a Trust.

 

ICDC- CENTUM Investment

Public Investment Company quoted on the Nairobi Stock Exchange, incorporated in 1976 with the objective of facilitating acquisition by indigenous Kenyan investors of shares in profitable companies, they would not otherwise be able to acquire individually.