Number of Household Sector Borrowers at All Microfinance Institutions in Kenya
Kenya: Number of Household Sector Borrowers at All Microfinance Institutions was 5.42 in 2024. ▼ Falling
Number of Household Sector Borrowers at All Microfinance Institutions in Kenya, 2010–2024
Source: International Monetary Fund.
Analysis
In 2024, number of household sector borrowers at all microfinance institutions in Kenya stood at 5.42. That is the lowest value across all 15 years on record.
That represents a change of down 28.4% on the previous year and down 59.6% over ten years.
Over the whole period, number of household sector borrowers at all microfinance institutions in Kenya peaked at 21.88 in 2010 and was at its lowest, 5.42, in 2024.
Kenya ranks 50th of 60 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Number of Household Sector Borrowers at All Microfinance Institutions in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 21.88 | — |
| 2011 | 17.21 | -21.4% |
| 2012 | 15.46 | -10.2% |
| 2013 | 15.2 | -1.7% |
| 2014 | 13.41 | -11.8% |
| 2015 | 12.52 | -6.6% |
| 2016 | 10.39 | -17.0% |
| 2017 | 9.11 | -12.3% |
| 2018 | 10.41 | +14.2% |
| 2019 | 8.57 | -17.7% |
| 2020 | 6.92 | -19.3% |
| 2021 | 6.8 | -1.8% |
| 2022 | 8.47 | +24.6% |
| 2023 | 7.57 | -10.6% |
| 2024 | 5.42 | -28.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.42 | 8.57 | 21.88 | 10 |
| 2020s | 7.04 | 5.42 | 8.47 | 5 |
Countries ranked near Kenya
More gender data for Kenya
- Child population (UN estimates and projections) 21,579 (2030)
- Child population (UN estimates and projections) (0-14), annual growth 0.8794 % change on previous year (2030)
- Population 41,524 (2030)
- Working-age population (UN estimates and projections) 41,524 (2030)
- Population (UN estimates and projections), annual growth rate 2.3 % change on previous year (2030)
- Age population, age 00, female, interpolated 740,912 (2025)
- Age population, age 00, male, interpolated 751,960 (2025)
- Age population, age 01, female, interpolated 725,839 (2025)
- Age population, age 01, male, interpolated 736,424 (2025)
- Age population, age 02, female, interpolated 712,907 (2025)
Frequently asked questions
- What is number of household sector borrowers at all microfinance institutions in Kenya?
- Number of household sector borrowers at all microfinance institutions in Kenya was 5.42 in 2024, according to International Monetary Fund.
- What is the highest number of household sector borrowers at all microfinance institutions recorded in Kenya?
- The highest recorded value was 21.88 in 2010.
- What is the lowest number of household sector borrowers at all microfinance institutions recorded in Kenya?
- The lowest recorded value was 5.42 in 2024.
- How does Kenya rank for number of household sector borrowers at all microfinance institutions?
- Kenya ranks 50th out of 60 countries with data for 2024.
- Is number of household sector borrowers at all microfinance institutions rising or falling in Kenya?
- Over the last ten years it is down 59.6%. The long-run trend across the full record is falling.
- Where does this Kenya data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.