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Kenya: Microfinance Bill, 2026 – Key Implications for Microfinance Banks
Source: BOWMANS
The Microfinance Bill, 2026 (Bill) published on 10 March 2026 proposes to replace the Microfinance Act, 2006 (Cap. 493C) (Current Act). The Bill has undergone its first reading at the National Assembly of Kenya and is currently progressing through committee-level reviews and public participation. The Bill introduces materially enhanced capital, governance and consumer protection requirements, and expands the supervisory powers of the Central Bank of Kenya (CBK).
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