In 2005, Opportunity International acquired WEDCO, a long-standing microfinance institution started by CARE International. Since then, Opportunity International Kenya is building a microfinance bank in Kenya capable of benefiting one million adults and children by 2015. As a commercial bank, it will offer clients an array of financial services beyond what the predominant non-profit structures allow. The poor will gain access to savings deposit services, credit/life insurance and responsive loan products that provide complex solutions that meet their needs.
New Program in 2006.
| Number of Active Clients: | 20,154 |
| Outstanding Portfolio: | 2,834,692 |
| Average Loan Size (USD): | $604 |
| Percentage of Loans made to Women: | 45.7% |