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Momentum Credit disburses loans worth Sh60m in 3 months

Momentum Credit Micro Finance has disbursed more than Sh60 million to clients since the launch of its Nakuru and Kisumu branches three months ago.

The microfinance chief executive officer Job Muriuki says the new branches have so far contributed 20 per cent of the company’s total sales.

The Nairobi-based microfinance has five branches in the country. The branches outside Nairobi include Kitengela and Thika.

“Nakuru and Kisumu branches have recorded the highest profits in the country, we hope to open more branches to encourage more youth to do business,” said Mr Muriuki.

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