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Kismat Credit

Full company profile

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Namestring
Kismat Credit
Legal namestring
Kismat Credit Limited
Websiteurl
kismatcredit.com
Company typeenum
Private
Founded yearint
2020
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersMombasa, Kenya
HQ citystring
Mombasa
HQ countrystring
Kenya
HQ regionstring
Africa
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
microfinance lending, small business loans, group lending, logbook loans, emergency loans
Industry2 codes
1Microloans & Working Capital Loans
CodeFSAKAGAAPrimaryYes
2Emergency & Short-Term Installment Personal Loans (Unsecured)
CodeFSAKAAAHPrimaryNo
NAICS code1 code
  • Other Nondepository Credit Intermediation52229
SIC code2 codes
  • Personal Credit Institutions6141
  • Short-Term Business Credit Institutions6153
Product category
Microfinance
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Infrastructure
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Kismat Credit Limited is a credit-only microfinance institution that disburses small-ticket loans to micro traders and small business owners in Kenya's Coast region. Its offering spans seven named loan products — Business Loans, Group Loans, Grocer/Kibanda Loans, Elimu Loans, Emergency Loans, Maisha Bora Loans, and Logbook Loans — with a stated 24-hour loan processing turnaround and supplementary quarterly business training for borrowers.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Kismat Credit is a credit-only microfinance institution offering a portfolio of seven loan products designed to support micro businesses and individuals in Kenya's coastal region. The product suite includes Business Loans, Group Loans, Grocer/Kibanda Loans, Elimu Loans (education), Emergency Loans, Maisha Bora Loans (asset purchases), and Logbook Loans. All products target the microfinance segment, with loans ranging from emergency support to business expansion financing, and the company also provides quarterly training programs for business development.

Product and service7 records
1Business Loans
CategoryBusiness Lending
2Elimu Loans
CategoryConsumer Lending
3Emergency Loans
CategoryConsumer Lending
4Logbook Loans
CategorySecured Lending
5Maisha Bora Loans
CategoryAsset Financing
6Grocer/Kibanda Loans
CategoryMicro Lending
7Group Loans
CategoryGroup Lending
Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
1Mogo Kenya
TypeDirect peer
Description

Kenyan logbook/car-title lender; directly comparable on the Logbook Loans product where Kismat competes for the same vehicle-collateralized borrowers.

2Musoni Kenya
TypeEmerging player
Description

Kenyan microfinance institution using a digital/tablet-based lending model; relevant peer as Kismat considers digital channels to compete with mobile-first lenders.

3Kenya Women Microfinance Bank (KWFT)
TypeBroad incumbent
Description

Large Kenyan microfinance bank focused on women micro-entrepreneurs using group lending; comparable group-lending methodology and micro-trader target segment, but at significantly greater scale.

4Branch International (Kenya)
TypeEmerging player
Description

Mobile lending app active in Kenya offering personal and business loans to first-time borrowers; competes for the same micro-trader and informal-worker customer as Kismat's group and business products.

5Faulu Microfinance Bank
TypeBroad incumbent
Description

Established Kenyan deposit-taking microfinance bank providing personal, SME, and asset loans; overlaps with Kismat's product set but serves a wider segment including salaried and SME borrowers.

6Platinum Credit
TypeDirect peer
Description

Kenyan microfinance institution offering logbook loans, salary advances, and SME credit; directly comparable as a non-depository credit-only MFI targeting similar underbanked borrowers with similar secured and unsecured loan products.

7SMEP Microfinance Bank
TypeDirect peer
Description

Kenyan MFI providing group lending, microenterprise loans, and SME credit across the country; closely mirrors Kismat's group and small-business micro-credit model.

8Tala (Kenya operations)
TypeEmerging player
Description

Mobile-first digital lender in Kenya offering short-term personal loans to underbanked consumers; overlaps with Kismat's Emergency and Elimu Loans but with a fully digital, app-based origination model.

9Equity Bank (M-Shwari / Eazzy Loan)
TypeBroad incumbent
Description

Kenya's largest retail bank with M-Shwari and Eazzy Loan mobile-credit products serving the same unbanked and micro-trader segment at massive scale; defines the competitive ceiling for Kenyan microcredit.

10Caritas Microfinance Bank
TypeDirect peer
Description

Kenyan faith-based microfinance institution lending to micro and small enterprises; comparable in target customer (micro traders) and product mix (working capital, group, asset loans).

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Kismat Credit

Microfinancekismatcredit.com

Kismat Credit firmographics

Firmographics
Name
Kismat Credit
Legal name
Kismat Credit Limited
Website
https://kismatcredit.com
Company type
Private
Founded year
2020
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Kismat Credit industry classification

Industry
Product category
Microfinance
NAICS
Other Nondepository Credit Intermediation (52229)
SIC
Personal Credit Institutions (6141), Short-Term Business Credit Institutions (6153)
akta.pro primary industry
Microloans & Working Capital Loans (FSAKAGAA)
akta.pro secondary industry
Emergency & Short-Term Installment Personal Loans (Unsecured) (FSAKAAAH)

Keywords

  • Microfinance lending
  • Small business loans
  • Group lending
  • Logbook loans
  • Emergency loans

Where Kismat Credit is headquartered

Location

Headquarters

HQ city
Mombasa
HQ country
Kenya
HQ region
Africa

Offices1 record

Markets served

Kismat Credit business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Infrastructure

Distribution channels1 record

Kismat Credit product offering

Product offering

Core offering

Kismat Credit Limited is a credit-only microfinance institution that disburses small-ticket loans to micro traders and small business owners in Kenya's Coast region. Its offering spans seven named loan products — Business Loans, Group Loans, Grocer/Kibanda Loans, Elimu Loans, Emergency Loans, Maisha Bora Loans, and Logbook Loans — with a stated 24-hour loan processing turnaround and supplementary quarterly business training for borrowers.

Product overview

Kismat Credit is a credit-only microfinance institution offering a portfolio of seven loan products designed to support micro businesses and individuals in Kenya's coastal region. The product suite includes Business Loans, Group Loans, Grocer/Kibanda Loans, Elimu Loans (education), Emergency Loans, Maisha Bora Loans (asset purchases), and Logbook Loans. All products target the microfinance segment, with loans ranging from emergency support to business expansion financing, and the company also provides quarterly training programs for business development.

Differentiator

Problem solved

Functional benefit

Products and services

  • Business Loans
  • Elimu Loans
  • Emergency Loans
  • Logbook Loans
  • Maisha Bora Loans
  • Grocer/Kibanda Loans
  • Group Loans

Companies that use Kismat Credit

Customer profile

Segments1 record

Ideal customer profiles1 record

Kismat Credit technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Kismat Credit partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Kismat Credit competitors and assessment

Company assessment

Direct peers

  • Mogo Kenya: Kenyan logbook/car-title lender; directly comparable on the Logbook Loans product where Kismat competes for the same vehicle-collateralized borrowers.
  • Platinum Credit: Kenyan microfinance institution offering logbook loans, salary advances, and SME credit; directly comparable as a non-depository credit-only MFI targeting similar underbanked borrowers with similar secured and unsecured loan products.
  • SMEP Microfinance Bank: Kenyan MFI providing group lending, microenterprise loans, and SME credit across the country; closely mirrors Kismat's group and small-business micro-credit model.
  • Caritas Microfinance Bank: Kenyan faith-based microfinance institution lending to micro and small enterprises; comparable in target customer (micro traders) and product mix (working capital, group, asset loans).

Emerging players

  • Musoni Kenya: Kenyan microfinance institution using a digital/tablet-based lending model; relevant peer as Kismat considers digital channels to compete with mobile-first lenders.
  • Branch International (Kenya): Mobile lending app active in Kenya offering personal and business loans to first-time borrowers; competes for the same micro-trader and informal-worker customer as Kismat's group and business products.
  • Tala (Kenya operations): Mobile-first digital lender in Kenya offering short-term personal loans to underbanked consumers; overlaps with Kismat's Emergency and Elimu Loans but with a fully digital, app-based origination model.

Broad incumbents

  • Kenya Women Microfinance Bank (KWFT): Large Kenyan microfinance bank focused on women micro-entrepreneurs using group lending; comparable group-lending methodology and micro-trader target segment, but at significantly greater scale.
  • Faulu Microfinance Bank: Established Kenyan deposit-taking microfinance bank providing personal, SME, and asset loans; overlaps with Kismat's product set but serves a wider segment including salaried and SME borrowers.
  • Equity Bank (M-Shwari / Eazzy Loan): Kenya's largest retail bank with M-Shwari and Eazzy Loan mobile-credit products serving the same unbanked and micro-trader segment at massive scale; defines the competitive ceiling for Kenyan microcredit.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

Kismat Credit social profiles

Digital presence

Kismat Credit financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Kismat Credit leadership team

Management profile

Number of profiles

Kismat Credit funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Kismat Credit M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kismat Credit

What does Kismat Credit do?

Kismat Credit Limited is a credit-only microfinance institution that disburses small-ticket loans to micro traders and small business owners in Kenya's Coast region. Its offering spans seven named loan products — Business Loans, Group Loans, Grocer/Kibanda Loans, Elimu Loans, Emergency Loans, Maisha Bora Loans, and Logbook Loans — with a stated 24-hour loan processing turnaround and supplementary quarterly business training for borrowers.

Is Kismat Credit a public or private company?

Kismat Credit is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Kismat Credit founded?

Kismat Credit was founded in 2020. It employs 11 to 50 people.

Where is Kismat Credit based?

Kismat Credit is headquartered in Mombasa, Kenya, in the Africa region.

Who are Kismat Credit's main competitors?

Direct peers on record are Mogo Kenya, Platinum Credit, SMEP Microfinance Bank and Caritas Microfinance Bank. Emerging players are Musoni Kenya, Branch International (Kenya) and Tala (Kenya operations). Broad incumbents are Kenya Women Microfinance Bank (KWFT), Faulu Microfinance Bank and Equity Bank (M-Shwari / Eazzy Loan).

Does Kismat Credit have an API?

No public API is recorded for Kismat Credit.

What industry is Kismat Credit in?

Kismat Credit's product category is Microfinance. Its primary akta.pro industry code is FSAKAGAA, Microloans & Working Capital Loans, with a secondary code of FSAKAAAH, Emergency & Short-Term Installment Personal Loans (Unsecured). Its NAICS code is 52229 and its SIC code is 6141.

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