A Profile of Mshindi KCB Practice Company At Marungu Secondary School

1. Mshindi KCB Bank
School: Marungu Secondary School
Region: Voi District, Taita Taveta County, Kenya
Marungu Secondary School is located in a bushy rural area of Voi district, having good
connection to a nerby highway. The school has good internet connection. The school has
a good internet. From September 2015, occasional internet fall down will be addressed by
allowing the students to work from Sote ICT Hub in Voi town. Marungu School is curently the
best performing school within the Sote ICT project.
Company established: January 2013
Business Subject: Banking services –
bank accounts, loans and microloans,
financial literacy courses for high
schools
Departmets: Secretariat, Financial
Department, Marketing Department,
Customer Relations, HR, Production
Department
Number of members: 15
Mshindi KCB Bank is one of the oldest training firms at the project. It was established to
shadow real Kenyan Commercial Bank (KCB), supplementing their services with news ones
tailored to Marungu community’s needs. The students established partnership with the real
bank, which has organised several workshops and trainings at the school in Marungu. The
bank also provides the training firm with promotional materials. Besides focusing on offering
bank accounts and loans, the students decided to also put their knowledge in use and
designed simple financial literacy courses. They have trained their counterparts at 5 partner
school in Kenya, emphasising the importance of financial planning and saving. The students
understand their business field, and the structure of work within departments, but need to
improve their business plans, SWOT analysis and marketing.
Awards:
1st place in the category Best Documentation at Sote ICT Trade Faire – April 2015
(shared with Rainbow Printing Company)
2nd place in the category Best Catalogue at Sote ICT Trade Faire – April 2015
(shared with Rainbow Printing Company)

2. Areas of possible cooperation with the University of Huddersfield students:
Preparation of a marketing strategy, business strategy, CSR strategy, development of
a business plan, PR plan
Mshindi KCB students serving their customers at Sote ICT Trade Faire (April, 2015)
Mshindi KCB during iHub Outreach training on start ups (November 2014)