Rafiki Microfinance Bank Accounts

Rafiki Account

For any individual, groups, associations or organizations

  • Premium Interest rates
  • No ledger fees
  • Access to E-statements
  • ATM Card issuance and Over the counter withdrawal
  • Cheque book


  • Enables personal savings/Salary processing/transactional purposes
  • Facilitates flexible and convenient banking
  • Account opening gives eligibility to salaried loans

Current account
At Rafiki Microfinance Bank, we offer current accounts in the various currencies (USD, GBP, EURO and KES) for

  • Individuals.
  • Companies or Businesses.


  • To fast-track day to day business transactions
  • Enables MSMEs, SMEs & corporate access affordable banking services
  • Account opening gives eligibility to access loans

Biashara account

Individual business persons, registered business or limited companies

  • Premium Interest rate
  • No ledger fees
  • Access to E-statements
  • ATM Card and Over the counter withdrawal
  • Cheque book


  • To fast-track day to day business transactions
  • Enables MSMEs, SMEs & corporate access affordable banking services
  • Account opening gives eligibility to access business loans

Mradi savings account

At Rafiki Microfinance Bank we realize that everyone has dreams; something we want to achieve in the future. Whatever it is, it’s probable you need to save money to attain these ‘projects’. Mradi Savings Account is designed to help you do just that. Start making your dream a reality!

  • Easy account opening and maintenance requirements
  • Easy way to save and raise money for business and projects (Mradi)
  • Loan facility of up to 90% of Mradi deposits at reasonable interest rates payable in a max of 12 months.
  • No security required
  • No processing fee
  • Minimum savings plan of 3 months
  • Withdrawal allowed Once per quarter to build deposits

Junior horizon and Rafiki health
“A healthy family is a happy family”
Did know you can now access medical insurance for your whole family from any Rafiki branch near you for as low as Kshs.12, 000 p.a with benefits of up to Kshs.300, 000? Rafiki Health is an insurance product that can be taken by a single person (policy holder) or together with spouse and other defendants or as a group.

  • Outpatient
  • Inpatient
  • Life cover
  • Dental/optical
  • Maternity


  • You can opt to take In-patient only
  • We cover upto 10 members per family

Rafiki Health is a partnership between Rafiki and Britam.

Education Sector
Do you need school fees for yourself & your family for a brighter future? Then think Elimu Loan.

  • Competitive interest rates.
  • Bankers cheque drawn directly to the institution
  • Flexible loan repayment period
  • Processing of loans within 48 Hours

Churches and Church missions
A tailor made product aimed at providing churches, church staff and the congregation an opportunity to save, invest and access flexible financial services.

  • Congregation Members.
  • Individual Churches
  • Church Institutions


  • Church Certificate of registration (a copy plus original)
  • Church constitution
  • Minutes indicating the church willingness to open an account with Rafiki Microfinance Bank and the names of the approved signatories and their signing mandate
  • Pin numbers of the signatories
  • Identification cards for the signatories (original and a copy of each)
  • Passport photos of the signatories.
  • Minimum Operating balance Kshs.5,000


  • No cash handling fee
  • No ledger fees
  • Free bank statement every 6 months
  • Provision of cheque books for easy payments.
  • Unlimited deposits and withdrawals
  • Access to credit facilities
  • Access to mobile banking
  • No penalties on early loan repayment
  • Affordable Rafiki health Cover for employees and congregation members
  • Competitive interest rates

Legal sector
This is a sector within the business banking department that is tailored for lawyers, law firms and their staff. It has a business adviser who is dedicated to ensuring that each contact has that personal touch that characterizes Rafiki as the Relationship Microfinance.
The package is a personalized product range that includes:

  • The Johari Lawyers Investments Account and Fixed deposit accounts with competitive interest rates
  • Foreign currency accounts and availability of foreign exchange services
  • Loan products.

Kilimo Biashara
The Kilimo Biashara account is a savings account for farmers, agro traders (input suppliers, middlemen, agro retailers etc.) and any other player in the Agri value chain.

  • No opening balance
  • No monthly maintenance fee
  • Access to an ATM card
  • Access to a cheque book
  • Multiple channels of accessing the accounts
  • Competitive interest rates on the deposits held in the account.

Schools: Collection Account

This account does not attract any charges.
Features & Benefits

  • No ledger fees
  • Specific student/pupil details for ease of reconciliation
  • Minimum operating balance only KES. 1000.00
  • Mobile banking
  • Free monthly statement
  • Provision of cheque books for easy payments
  • Unlimited deposits of any amount.
  • Unlimited daily access to your funds via Counter withdrawals and appointed Agents.