High Quality Asset Financing Solutions.
EFKen aims at providing both Operating and Equipment loans for equipment and machinery. The equipment and or Machinery financed is the only collateral required by EFKen. This expands access to finance considerably for SMEs and differentiates EFKen financing model from those of the local banks and micro finance institutions.
EFKen is a leasing specialist institution dedicated to small enterprises and producer groups that have outgrown micro finance but are unable to access bank finance due to prohibitive collateral requirements and other bank lending policies that do not favor SMEs.
Quality Comes First.
We Make Sure That Every Minute Detail Is Looked Into While Leasing out Even The Smallest Product. Our Focus Is 100% On Client Needs And Satisfaction.
ASSET FINANCING
These are leases that transfer substantially all the risks and rewards of ownership, and give rise to asset and liability recognition by the lessee and a receivable by the lessor .
OPERATING LEASE
Are leases that result in expense recognition by the lessee, with the asset remaining recognized by the lessor. All our leases will include service and maintenance contracts with the OEM or dealers for full the tenor of the lease. The cost of this and any other costs like insurance, tracking will be financed together with the assessor.
Our Team
Team spirit is knowing and living the belief that what The EFKen Team can accomplish together is much larger, far greater, and will exceed that which an individual can accomplish alone.
JudyAnne Wanjiku
Managing DirectorJudyAnne is the Managing Director and was among the Executive team that set up EFKen Leasing Ltd in Kenya.
She is a leasing expert and has held senior management positions in leading leasing companies in East Africa. She was a leasing consultant under AFC Agriculture & Finance Consultants GMBH Germany, for European Investment Bank Financial Sector Operations Programme, where she conducted leasing trainings to various banks in the East Africa Region between 2016 and 2018.
She has over 16 years banking experience and held management positions in Corporate and
Commercial Banking Sectors in Barclays and Standard Chartered Banks
respectively.
Eric Motari
Credit AnalystErick is an experienced Credit professional handling the Credit Risk function in Efken Ltd as well as management and monitoring of its loan portfolio. He is a Business Management graduate, a Certified Credit Professional (CCP-K) and a member of the Institute of Credit Management Kenya (ICM-K). With over 8 years’ robust industry experience in the SME, Corporate, Microfinance and Retail banking space.
Having worked with Caritas Microfinance Bank, Caritas Nairobi (SHG) and Letshego (K) Ltd in various capacities in Business development, Credit analysis, SHG management and Credit administration divisions.
Stephen Wairobi
Senior AccountantStephen is a Senior Accountant at EFKen Leasing Ltd. He holds a Bachelor’s degree in Business Administration (Accounting & Finance option) and he is a Certified Public Accountant of Kenya (CPA-K).
He has extensive experience of over 12 years in Microfinance banking Industry specializing in Accounting, Finance & Administration.
Asenath Musungu
Business Development ManagerAsenath is a seasoned Business Development Manager with over 12 years’ experience. Formally she worked at Musoni Kenya Ltd where she started as a Branch Manager-Kisii and grew to a Regional Sales Manager role.
The Directors
The Board of Directors at EFKen Leasing
Michiel Timmerman
Co-FounderMichiel Timmerman co-founded EFTA Ltd in Tanzania in 2005 and EFAfrica Group, the holding company for EFKen and EFTA, in 2020. Michiel is the chairman of EFAfrica Group and Founder and Managing Partner of Mbuyu Capital Partners, an Africa-focused private equity investment manager. He is also a non-executive director of LAFCo Ltd, which finances working capital for SMEs in the African agriculture sector.
Jeremy Lefroy
Co-FounderJeremy Lefroy’s work involves smallholder agriculture in Africa; supporting growth of jobs and livelihoods in the UK and East Africa; and working with partners to tackle infectious diseases.
A chartered accountant (FCA), Jeremy has worked for 30 years in the coffee and cocoa business – including 11 in Tanzania. He co-founded the Biolands Group (now part of Barry Callebaut AG) and the Equity for Africa Group. He was a UK Member of Parliament (2010-19) and the UK Prime Minister’s Trade Envoy to Ethiopia (2017-19). In addition to chairing the Relationships Foundation, Jeremy is vice chair of the Liverpool School of Tropical Medicine, and a Deputy Lieutenant of the County of Staffordshire.
John Jakobsson
DirectorMr. Jakobsson has 10+ years of experience in the finance and investment industry, with the last 7 years spent in Sub Saharan Africa representing family offices, private equity funds and impact investors. He holds a BSc with Honors in Management Studies from Warwick Business School and a Master of Business Administration from Stockholm School of Economics.
JudyAnne Wanjiku
Managing DirectorJudyAnne is the Managing Director and was among the Executive team that set up EFKen Leasing Ltd in Kenya.
She is a leasing expert and has held senior management positions in leading leasing companies in East Africa. She was a leasing consultant under AFC Agriculture & Finance Consultants GMBH Germany, for European Investment Bank Financial Sector Operations Programme, where she conducted leasing trainings to various banks in the East Africa Region between 2016 and 2018.
She has over 16 years banking experience and held management positions in Corporate and
Commercial Banking Sectors in Barclays and Standard Chartered Banks
respectively.