ECLOF Kenya

Nairobi, Kenya Founded: 1994 • Age: 32 yrs
Microcredit is extended to micro, small, and medium entrepreneurs.
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About ECLOF Kenya

ECLOF Kenya is a company based in Nairobi (Kenya) founded in 1994.. ECLOF Kenya offers products and services including Business Loans, Asset Finance, Agribusiness Loans, SME Loans, and Education Loan. ECLOF Kenya operates in a competitive market with competitors including Gojo, Platinum Credit, Maisha Bank, Century Microfinance Bank and Caritas MFB, among others.

  • Headquarter Nairobi, Kenya
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Eclof Kenya Limited By Shares
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $900 K (USD), Debt – Conventional

    Jun 07, 2019

  • Investors
  • Employee Count
    Employee Count
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Products & Services of ECLOF Kenya

ECLOF Kenya offers a comprehensive portfolio of products and services, including Business Loans, Asset Finance, Agribusiness Loans, SME Loans, and Education Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Loans to address special business needs and growth

Loans for purchasing assets for commercial purposes

Loans tailored for agribusiness needs and expansion

Loans for small and medium enterprise development

Loans to support educational expenses for clients

People of ECLOF Kenya
Headcount 200-500
Employee Profiles 22
Employee Profiles
People
Evanson Kemboi
ICT Manager
People
Anyango Elizabeth
Growth Relationship Officer
People
Cheruiyot Gilbert
Growth Relationship Officer
People
Daniel Mwangi
Senior Growth And Relation Officer

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Funding Insights of ECLOF Kenya

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $900,000
  • First Round

    (07 Jun 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2019 Amount Debt – Conventional - ECLOF Kenya Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ECLOF Kenya

ECLOF Kenya has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Grameen Crédit Agricole Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Poverty is combated through community-focused initiatives by the foundation.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ECLOF Kenya

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ECLOF Kenya

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Eclof Kenya Comparisons

Employees
+
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Competitors of ECLOF Kenya

ECLOF Kenya operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gojo, Platinum Credit, Maisha Bank, Century Microfinance Bank and Caritas MFB, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Microcredit is extended to individuals and businesses in need.
domain founded_year HQ Location
Microloans are provided to civil servants, TSC members, and employees.
domain founded_year HQ Location
Microfinance bank
domain founded_year HQ Location
Microfinance loans and services are extended to Kenyan communities.
domain founded_year HQ Location
Provides microfinance accounts, loans, and insurance for personal and business needs.
domain founded_year HQ Location
Provides microcredit services to support low-income individuals and businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Eclof Kenya

Frequently Asked Questions about ECLOF Kenya

When was ECLOF Kenya founded?

ECLOF Kenya was founded in 1994 and raised its 1st funding round 25 years after it was founded.

Where is ECLOF Kenya located?

ECLOF Kenya is headquartered in Nairobi, Kenya.

Who is the current CEO of ECLOF Kenya?

Mary Munyiri is the current CEO of ECLOF Kenya.

What does ECLOF Kenya do?

ECLOF Kenya was established in 1994 and is headquartered in Nairobi, Kenya. Operations focus on the microfinance sector, where microcredit services are provided to support micro, small, and medium enterprises. These services target entrepreneurs in various regions of Kenya, facilitating access to financing for business development and growth. Leadership is provided by CEO Mary Munyiri, overseeing activities through the organizations domain at eclof-kenya.org.

Who are the top competitors of ECLOF Kenya?

ECLOF Kenya's top competitors include Gojo, Sumac Microfinance Bank and Platinum Credit.

What products or services does ECLOF Kenya offer?

ECLOF Kenya offers Business Loans, Asset Finance, Agribusiness Loans, SME Loans, and Education Loan.

Who are ECLOF Kenya's investors?

ECLOF Kenya has 1 investor. Key investors include Grameen Crédit Agricole Foundation.

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