Githaiga comments that KWFT attempts to solve this issue by investing heavily in free financial literacy training to all of its clients, with the focus being on utilising their finances to improve the living standards of women and their families.
In addition, KWFT in partnership with Kenya Women Holding encourages women to network and share business ideas by being members of the Business Club," said Githaiga.
Githaiga appreciates mobile banking, ATMs and agency banking as key developments for KWFT.
KWFT has also made deliberate efforts to focus on rural regions, where 80 per cent of its clients live thus ensuring that they have access to financial services.
In May 2008, following the enactment of the Microfinance Act 2006, which allowed microfinance institutions registered under it to start taking deposits -- a function it was previously not allowed to perform -- the KWFT applied for a licence.
This enabled KWFT DTM to diversify the product range for its clients, including savings products.
In 2014, KWFT DTM, changed its name to Kenya Women Microfinance Bank Limited.