Centenary Micro Enterprise Services Ltd.

CEMES is a microfinance institution (MFI) operating in Kenya since 2011, with the primary objective of alleviating by providing micro-credit services. CEMES has an average loan size of $92. Over 50 percent of this portfolio is invested in Agri-related activities. CEMES has a loan portfolio of 24,000 clients, 74 percent of whom are female.  The MFI has a non-performing loan (NPL) ratio of 3.5 percent. CEMES operates 66 branches (31 company-owned and 35 franchised outlets). CEMES piloted Kenya’s first micro-credit franchise model.