Momentum Expands Footprint With Financial Access For Bungoma Residents.

FRIDAY 7TH, JULY 2023 – MOMENTUM, a leading financial institution dedicated to fostering economic development, is proud to announce the grand opening of its 13th branch in Bungoma Town. This strategic expansion is aimed at supporting and accelerating the growth of the region’s vital farming and manufacturing sectors.

“Agriculture contributes to 33% of the Gross Domestic Product (GDP) and another 27% indirectly through linkages with other sectors. With this sector employing more than 70% of Kenya’s rural population, it is incumbent upon us to support Bungoma – a largely agricultural county improves its resident’s liquidity. This in turn drives inclusive economic growth, job creation and poverty reduction – in support of the 17 Global SDGs. 

Transportation is the vital link enabling participation in the agricultural economy by unlocking farm produce value – this is where we come in.

We have additionally purposely redefined our market approach transitioning from a financial lender to a solution provider enabling Kenyans; access liquidity, own motor vehicles at a significantly lower cost compared to prevailing market rates, afford vehicles through our importation partner – CARS360 and acquire affordable credit through our innovative product – Ezua Chapaa – a solution that reduces the financial burden and the high cost of living in the country. We are here to change the lives of Bungoma residents,” Yvonne Asangre, General Manager – MOMENTUM.

By fostering partnerships with local businesses, MOMENTUM continues to contribute to the western region’s ongoing development and further solidify its position as a leading and credible financial institution in Kenya and the region at large.


MOMENTUM was founded in March 2017 with the purposeful intent to meet an overwhelming market need of providing structured working capital solutions to individuals and Small Medium Enterprises (SMES). MOMENTUM has the ambition to revolutionize structured non-banking finance across Africa.

For more information, contact:

Kawira Irambu

Brand and Strategy Manager


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