Baraka Credit Limited Company is registered in Kenya under the Company’s ACT. The company got an approval to offer Credit only services from the Central Bank of Kenya.
Baraka Credit is inspired by the vision to address the challenges faced by the under-served and exclusion of Microfinance players on the arena of financial empowerment and economic development. Baraka fulfil its Mission, Vision and Values that collectively contribute to our aspirations of meeting our customers needs by providing flexible financial solutions.
The goal of Baraka Credit is to tap into and grow a huge Microfinance brand proposition by focusing on distinctive quick turn around on loan applications.
We have establishing an extensive network to help communities’ access quick, flexible loans. We will facilitate our customers with innovative and responsive products and services. This will help the underserved access credit through innovative solutions not limited to mobile lending and other customer centric solutions.
Baraka Credit has partnered with both local and multinational financial companies, venture capitalists to help local SME’s access debt and Equity in East Africa.
To create an institution that empowers communities, help our staff achieve what matters most and augment return on our shareholders.
Our Core Values:
- Creative – We find new ways
- Open – We are approachable, open and dependable
- Dependable – Make dreams happen, Caring and create mutual Relationships.
- Empathetic – We listen and understand
- Simplicity – We make credit easy
Our Vision is to enable our customers meets their financial needs.
The management team is led by the CEO reporting to the board of Directors. The CEO provides the business leadership and is supported by nine (5) functional Heads. The offices of the; Business Development, Credit Risk and Administration, Finance & Strategy, Service Delivery, Human Resources constitute the core business functions. The Support functions are Audit and Risk & Compliance.