At Obumwe Microfinance Limited, we are guided by the compassionate and inclusive Obumwe Model a cost-effective, affordable, and sustainable approach to microfinance. This model is deeply rooted in our commitment to social responsibility, financial inclusion, and economic empowerment for the most vulnerable members of our communities, especially those who are often excluded from traditional financing due to lack of collateral security through the use of Turi Obumu Saving Scores to avail unsecured financing to our clients.
Our Business Modal
We understand that many individuals especially market vendors, boda boda riders, youth, PWDs, women, and informal workers struggle to access credit facilities despite having viable businesses and dreams worth funding. That’s why our model is built to bridge this gap. We provide quick, flexible, and affordable financial services designed with empathy and dignity at the core of everything we do.
Our operations, including loan disbursement, repayment tracking, and customer records, are fully standardized, ensuring transparency and efficiency. Our team, both at the office and in the field, is trained to maintain a customer friendly environment while facilitating timely and informed decision-making, whether decentralized or centralized.
Obumwe promotes responsible lending. We cap loan sizes to prevent client over indebtedness, yet we are always open to engaging with clients during times of financial hardship, offering top ups or customized plans where necessary. This human-centered approach allows us to walk alongside our clients, not just as a lender but as a partner in their progress.
Our loan structure is based on individual lending supported by guarantors Soley on salary loans, rather than relying solely on collateral. Guarantors help build trust, encourage accountability, and support borrowers in maintaining good repayment behavior. In cases where collateral is lacking, we assess the saving score for each client who has applied for the loan to determine how much unsecured credit facilities we can extend to them.