Promise Capital Solutions

Promise Capital Solutions is a Kenyan microfinance institution empowering women and youth with affordable loans and financial services.

Country
Kenya
Sector
Fintech
Stage
Founded
2019
Accelerator
Raising
Not Raising

About Promise Capital Solutions

Promise Capital Solutions is a Kenyan microfinance institution established in 2019, dedicated to fostering financial inclusion for women and youth in remote areas. It offers affordable and flexible loans, primarily utilizing a group lending methodology inspired by the Grameen Bank model. This approach enables entrepreneurs, who typically cannot access commercial bank lending, to secure small amounts of credit for farming, businesses, education, and improved livelihoods. By focusing on collective responsibility and peer support, Promise Capital Solutions addresses the significant challenge of limited financing faced by these communities, driving economic growth and community upliftment in Kenya.

Funding Rounds

Funding rounds for Promise Capital Solutions
Year Round Amount Investors
No funding rounds recorded.