K-Rep Bank was founded in 2000 and now has a network of 30 branches. With this network, its effective IT platform and extensive ATM network, K-Rep Bank will be able to continue its growth and expand to become a significant provider of a broad range of financial services to the lower end of the market. Triodos Sustainable Finance Foundation is a shareholder in K-Rep Bank and, together with Hivos-Triodos Fund, has provided a loan to enable the company to generate further portfolio growth. A senior officer from Triodos Bank represents the Triodos fund on the Board of Directors and actively contributes to the strategic development of the bank.
KEY INDICATORS K-Rep Bank at year-end 2012:
- number of loan clients: 26,430
- percentage female clients: 38%
- percentage rural clients: 21%
- average loan amount: EUR 2,541
- number of savings clients: 191,755
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.