Microfinance Legal Advisory Services in Kenya

Microfinance Legal Advisory Services in Kenya

Kenya's microfinance sector plays a critical role in financial inclusion, providing credit, savings, and other financial services to millions of Kenyans who may not access traditional banking. The sector is regulated by the Central Bank of Kenya (for deposit-taking microfinance banks) and by the sector-specific provisions of the Microfinance Act, 2006.

LHK Advocates provides legal advisory services to microfinance banks, credit-only MFIs, SACCOs, and digital lending platforms. Our services include licensing applications, regulatory compliance, lending documentation, governance advisory, and representation in regulatory proceedings. We understand the unique regulatory challenges of serving the underserved market.

With the rapid growth of digital lending in Kenya, regulatory oversight has expanded significantly. The Digital Credit Providers Regulations under the CBK Act require all digital lenders to be licensed. We assist digital lending platforms with licensing applications, compliance with the prescribed terms and conditions, and the development of compliant lending products.

Key Benefits