Ayuta, Chama, and Mifugo Suites operating at the Nexus of Cooperative and Microfinance Principles.
Core Model
- Community-oriented financial systems incorporating traditional Ayuta principles.
- Aligned to the communities’ way of life and Islamic faith.
- Digitally driven across individual and group savings, financing, and livestock aggregation.
- Designed for the pastoral and ASAL financial landscape, including contexts without conventional collateral.
Product Suites
- Ayuta Microfinance Product Suite.
- Chama Microfinance Product Suite.
- Mifugo Kash-Kash Product Suite.
- Soko-Kash Product Suite.
- Biz/Micro-Kash Microfinance Product Suite.
Mandatory Group Accounts
- Group Share Capital Account.
- Group Current Deposit Account.
- M-Akiba Group Investment Savings Account (non-withdrawable).
Ayuta Suite Sub-Products
- Ayuta E-Kash.
- Ayuta Edu-Kash.
- Ayuta Biz-Kash.
- Ayuta Soko-Kash.
- Ayuta Micro-Kash.
- Ayuta Micro-Asset Finance.
Ayuta Group Types
- Ayuta Vijanaa (Youth).
- Ayuta Women.
- Ayuta Sokoni (Market Traders).
- Ayuta Kazini (Workplace).
- Ayuta Al-Rafiq (Friends).
- Ayuta Familia (Family).
- Ayuta Professionals.
Mifugo Kash-Kash (MKK) – Livestock Value Chain Financing
- Definition: A trade-based, Shariah-compliant pastoral livestock value chain financing product suite.
- Purpose: Aggregate and finance local pastoral producers and traders. Link their produce to national and export terminal markets.
Value Delivery:
- Facilitates creation of pastoral groups with individual and group investment-savings accounts.
- Facilitates community livestock aggregation using digital technologies via Mifugo Groups.
- Facilitates asset diversification through savings accounts and uptake of Index-Based Livestock Insurance/Takaful.
- Enables financing of pastoral groups, youth, and women.
- Manages revolving working-capital funds for private-sector MSMEs.
- Strengthens pastoral livestock value chains through financial and market access.
MKK Account Types
| Savings & Investments | Financing Products |
|---|---|
| Mifugo Share Capital A/c | MKK Project Financing (Fixed-Term) |
| Mifugo Group Current-Deposit A/c | MKK Livestock Trade Financing (Revolving Working Capital) |
| M-Akiba Group Investment-Savings A/c | MKK LPO Financing (Reverse Invoice Discounting) |
| Mifugo Personal Share A/c | MKK Agro-Vet Stock Financing (Inventory Working Capital) |
| Mifugo Personal Operations A/c | MKK Asset Finance (Micro-Asset, Agri-Asset, M/V) |
| M-Akiba Mifugo Investment-Savings A/c | MKK IPF (Insurance Premium Financing) |
MKK Strategic Partnerships
| Partner | Role | Status |
|---|---|---|
| Kenya Development Corporation (KDC) | Wholesale Financier | Term Sheet subject to Detailed Due Diligence |
| Mercy Corps RANGE Project | Project Partner – Isiolo, Marsabit, Samburu | Program Partnership Negotiations |
| World Bank | Preliminary Engagements | Ongoing |
| Nourishing Nomads | Market Off-Taker, Aggregator, Fodder Bank (Drought Resilience) | Active |
| EWafco | Partnership Alignment | Active |
MKK Immediate Targets
- Mobilize traders to deliver 2,000 small stock per week (specifically Black-Head Persians).
- Enroll at least 1,000 pastoralists to join MKK by contributing 2 young goats or 1 medium goat.