Sumac Microfinance Bank, partner of the Grameen Credit Agricole Foundation, was feted at the Think Business Banking Awards 2022 with four different Awards, a sure message of the Bank’s steady growth in the last few years.
Sumac emerged the Winner in Agriculture & Livestock Financing [Microfinance banking sector], for a third time, having won it in 2019 and 2021. The Bank was also declared the 2nd Runners Up, Best Microfinance Bank in Kenya, which is the first time this Award has been extended to Sumac. There was also two more awards in the Most Efficient Microfinance Bank category and the Fastest Growing Microfinance Bank in Kenya category. Sumac emerged second in both of the two categories.
“We are absolutely delighted by these Awards,” said Eva Wambui Muchina, the bank’s Business Development Manager, whilst receiving the Awards. “This shows the confidence that our clients have bestowed opon us. From here, we can only get better each day as we improve our service delivery to our clients. We dedicate this Award to all our Shareholders, the Board of Directors, Management and Staff and most importantly, our clients who have made us number one. We Thank you all.”
Over the years, Sumac Microfinance Bank Ltd has developed a broad range of product offerings which include various accounts, loan products, Forex, Trade Finance and Bancassurance. In 2018, Sumac was Awarded at the Annual Think Business Banking Awards as the 2nd Fastest-Growing Microfinance Bank in Kenya.
In 2019 Sumac Microfinance Bank Ltd was recognized at the same Awards as the top Microfinance Bank in Agriculture and Livestock Financing; while in 2021, Sumac was recognized as the Most Efficient Microfinance Bank in the Country, while still toping in Agriculture and Livestock Financing.