Kenya's microfinance banks (MFBs) are facing severe challenges, experiencing six consecutive years of losses and becoming the weakest part of the country's banking sector. Once crucial for financial inclusion, their current struggles highlight a significant shift in the financial landscape.

• Six consecutive years of losses for MFBs.
• The phrase "They ate our lunch" implies competition from the Hustler Fund and digital lenders.
• MFBs were historically important for financial inclusion in Kenya.