About Musoni
Musoni is a Financial Services company based in Nairobi (Kenya) founded in 2009. Nairobi-based micro-finance provider. Musoni has raised $2.3 million across 3 funding rounds from investors including Alterfin, Nordic Microfinance Initiative and Oikocredit. Musoni offers products and services including Venture Financing, Agribusiness Financing, Growth and Expansion Loans, Trade and Asset Financing, and Impact and Sustainable Finance. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is Musoni Microfinance Ltd. Its competitors include Jisort, Chama Network and MoVAS.
Company details
Musoni was founded in 2009 and is based in Nairobi, Kenya, operating in the microfinance sector. Group loans, individual business loans, agri-business loans, emergency loans, and education loans are offered to unbanked clients. Applications are received and funds are disbursed via a mobile platform. As of June 2016, more than 110,000 loans had been dispersed across Kenya.
- Total Equity Funding$2.3M (USD)
in 3 rounds
- Latest Funding Round$3M (USD), Debt – Conventional
Oct 2018
- InvestorsAlterfin
& 2 more
Products & Services of Musoni
Musoni offers a comprehensive portfolio of products and services, including Venture Financing, Agribusiness Financing, Growth and Expansion Loans, Trade and Asset Financing, and Impact and Sustainable Finance.
Provides scalable funding for high-growth African businesses.
Supports investments in Africa's food security and farming.
Aids enterprises in scaling operations and development.
Offers capital for business equipment and trade needs.
Funds ventures with economic and social benefits.
Funding Insights of Musoni
Musoni has successfully raised a total of $2.3M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3 million completed in October 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.3M
- Total Rounds 3
- Last Round Debt – Conventional — $3M
- First Round $1.3M
(Jun 2015)
- Investors Count 3
All 3 funding rounds of Musoni with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $3M | Debt – Conventional | – | – | |
| Feb 2018 | $1M | Series A | – | – | |
| Jun 2015 | $1.3M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Musoni
Musoni has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Alterfin, Nordic Microfinance Initiative and Oikocredit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management services and private equity funds are offered. | nmimicro.no | Oslo, Norway | ||
Fundraising services for investors are provided by Alterfin. | 1994 | alterfin.be | Brussels, Belgium | |
Private equity firm investing in multiple sectors | oikocredit.coop | Amersfoort, Netherlands |
Investor details for Musoni
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Musoni
22 people are tracked at Musoni (3 in leadership, 19 in team).
| Name | Role | Group |
|---|---|---|
Pearson Njeru | Chief Operations Officer | Leadership |
Bartilol K. Titus. | Chief Financial Officer (cfo) | Leadership |
Barbara Asumadu | CEO | Leadership |
Pamela Wanja | Business Development Officer | Team |
Stellamaris Mutavi | Business Development Officer | Team |
John Ndung'U | Business Development Officer | Team |
Kiprotich Yegon | Business Development Specialist | Team |
Juliet Pili Musumbi | Credit Officer | Team |
Mary Kamencu | Credit Officer | Team |
Hildah Mwangi | Business Development Executive | Team |
Wendo Chrispine | Data Analyst | Team |
Allan Kamau | Information Technology Officer | Team |
Kenneth Manyala | Credit Officer | Team |
Rhoda Oyugi | Customer Service Officer | Team |
Kennedy M Munyao | Information Technology Officer | Team |
Gordon Chege | Operations Team Lead | Team |
Jerry Kinyanjui | System Administrator | Team |
Leonard Bucheche | Credit Officer | Team |
Phoenix Masira | Credit Officer | Team |
Ernest Mbidha | Business Development Manager - SME | Team |
2 more people are available in the full profile.
Complete people profiles for Musoni
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Musoni
3 dated milestones of Musoni across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Musoni is founded.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Debt – Conventional, of $3.0M.
Competitors of Musoni
Musoni has 3 listed competitors in our database. They include Jisort, Chama Network and MoVAS.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jisort.com | 2016 | Nairobi, Kenya | Cloud-based platform for banking, lending, and payment integrations. | |||
| chama.network | 2021 | Nairobi, Kenya | Operates an online platform for accessible microlending services. | |||
| movas.group | 2020 | Nairobi, Kenya | Operates a digital marketplace for micro loans to individuals and small businesses. |
Detailed competitors of Musoni
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Musoni
The website of Musoni (musoni.co.ke) receives about 4.6K visits a month.
- Monthly visits4.6K
▼ 61.4% vs previous month
Websites whose visitors overlap most with Musoni. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| smep.co.ke | 100% | 2.7K | #6,249,345 | View details |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Musoni
Complete news archive for Musoni
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Musoni
Musoni was founded in 2009 and raised its 1st funding round 6 years after it was founded.
Musoni is headquartered in Nairobi, Kenya.
Musoni is a funded company, having raised a total of $2.3M across 3 funding rounds to date. The company's 1st funding round was a Series A of $1.3M, raised on Jun 2015.
Musoni was founded in 2009 and is based in Nairobi, Kenya, operating in the microfinance sector. Group loans, individual business loans, agri-business loans, emergency loans, and education loans are offered to unbanked clients. Applications are received and funds are disbursed via a mobile platform. As of June 2016, more than 110,000 loans had been dispersed across Kenya.
Musoni's top competitors include Jisort, Chama Network and MoVAS.
Musoni offers Venture Financing, Agribusiness Financing, Growth and Expansion Loans, Trade and Asset Financing, and Impact and Sustainable Finance.
Musoni has 3 investors. Key investors include Alterfin, Nordic Microfinance Initiative, and Oikocredit.
Musoni operates through Musoni Microfinance Ltd.