Microfinance (Amendment) Bill, 2026
In plain English
Tightens capital, governance and consumer protection rules for microfinance banks.
Who it affects: Microfinance bank customers, SACCO-linked lenders, small business borrowers.
- Sponsor
- Departmental Committee on Finance & National Planning
- Introduced
- 20 May 2026
- Status
- With Committee · Public input window closed (17 Jun 2026)
Progress in Parliament
26% of the way to law- Introduced
Published and read for the first time
- With Committee — now
A committee studies it in detail
- Public Hearings
You can send your views
- Second Reading
MPs debate the main ideas
- Third Reading
Final vote in the National Assembly
- Senate Concurrence
The Senate reviews it (if needed)
- Assented
The President signs — it becomes law
Updated automatically when our weekly Parliament sweep finds new information. Last checked against Parliament: 15 Sept 2026.
Latest updates
No changes recorded yet. New Parliament info will appear here.
What's in the bill — key sections
- 01Raises minimum core capital for community microfinance banks.
- 02Caps total cost of credit disclosures for all microloans.
- 03Empowers CBK to remove unfit directors of microfinance banks.
What happens next: Finance Committee memoranda due 17 June 2026.
Where this came from
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No recorded changes yet
Change history
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