Sungroup Micro Africa is a specialized micro -credit institution offering financial inclusion to the small business population at the bottom of pyramid in Kenya through e-lending.
Our ideal niche target market are businesses people at the bottom of the pyramid in Kenya, like vegetable and fruits vendors, tailors, cereal distributors, small hotel and food court owners, small hardware owners among many others. We are working towards a goal of enhancing financial inclusion through e-lending to support and strengthen community institutions as way of poverty elevation and enhancing financial inclusion.
SMA Ltd has continually focused on growth and we are proud to have launched our first state-of-the-art product dubbed Soko Loan. This is a new credit program product where a member is allowed to withdraw, repay and redrawn again in any manner and any number of times until the arrangement expires. All the transactions are cashless and on a mobile phone.