Ndhiwa Community Financial Services Association was established as Community Based Organization (CBO) on 28 September 2010 with the mandate of providing financial services to the economically active poor in Homa-Bay and Migori counties.

Ndhiwa-CFS plays a pivotal role in the socio-economic development of Homabay and Migori counties especially filling in the gaps created by financial inaccessibility, poor infrastructure, high dependency rate, low literacy rates, low prices for agricultural produce and other financial service needs

Prior to the establishment of Ndhiwa CFSA (community bank), IFAD, through its mission in the South Nyanza Community Development Project, of developing a financial institution to give financial services specifically credit to the communities in 2010, awarded K-REP development agency the tender to oversee the establishment of its mission. In 2013, K-REP in its three-year contract deal had already made strides in accomplishing its mission that established grounds for the birth of Ndhiwa Community Financial Services currently known as Community “Bank.”
For the past 14 years, the firm has made significant strides in fulfilling its mandate. Successive boards have seen the Community financial service CFS grow from a staff establishment of 3 in 2010 to over 40 staff over the period. Its shareholding clientele base has positively transformed from 100 as at the time of launch of 1st marketing campaign in March 2010 and 28th September 2010 who subscribed to 30,000 share capital that was used do 1st lending in February 2011. The client customer base has grown over the period to over 13,000 as at 2025.
In response to its fast-expanding functions, the areas of operations have grown from Ndhiwa sub-county regions to vast regions of Homabay and Migori counties into new market regions and continues to spread over new territories and much in general the South Nyanza Region. With the enabling environment for effective growth, the firm has continued to exhibit exorbitant figures in revenue growth of up to 421 million as at the time it broke even in the year 2014.