The Central Bank of Kenya (CBK) has approved the CIS ValiData tool, a groundbreaking credit data validation and submission system developed by the Credit Information Sharing Association of Kenya (CIS Kenya). The move marks a major step forward in improving credit data quality and strengthening Kenya’s financial ecosystem.
The ValiData tool is designed to ensure that only accurate, complete, and standardized credit information is shared with licensed Credit Reference Bureaus (CRBs). Acting like a “data proofreader,” it allows credit providers to validate records in-house before submitting them. By introducing an industry benchmark with an 80% quality threshold, the tool sets a new standard for data integrity in the sector.
“This is a monumental step towards achieving our mission. The CIS ValiData tool directly addresses the industry’s need for higher data quality and operational efficiency. By empowering institutions to validate data at the source, we are building a more reliable credit information sharing mechanism, which will, in turn, enhance access to finance and spur economic growth in line with Kenya’s Vision 2030,” said Mr. Jared Getenga, CEO of CIS Kenya.
The approval has been welcomed by industry stakeholders, with the potential of the tool to transform lending being underscored. The Kenya Bankers Association CEO, Mr. Raimond Molenje, described it as a “game-changer for the credit market,” noting that it will allow lenders to make better risk-based decisions and widen access to affordable credit for individuals and MSMEs.
Mr. Gideon Kipyakwai, CEO of Metropol CRB, added: “By standardizing data quality at the point of submission, the tool will enhance the accuracy of credit scoring models and deliver more reliable reports for lenders, leading to a fairer and more transparent system for consumers.”
The journey to develop the ValiData tool began in 2013, when it was first conceived as a central data hub. However, industry concerns over security and privacy later shifted its design into a secure, on-premise solution. Its development was made possible with funding from the Bill & Melinda Gates Foundation via FSD Kenya.
Key features of the tool include:
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On-Premise Data Validation – Ensures credit information is checked against agreed rules before submission.
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Automated Data Submission – Securely transmits validated data to licensed CRBs.
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Instant Feedback and Reporting – Provides real-time quality reports, error logs, and submission confirmations.
With CBK’s approval now in place, CIS Kenya is preparing for a nationwide rollout, which will be supported by training and capacity-building programs for credit providers. Looking ahead, future upgrades could integrate consumer dispute mechanisms and tap into Open Banking and API frameworks to enrich credit bureau data.
“The successful approval of the CIS ValiData tool is a testament to collaboration across the financial sector,” said Ms. Adah Mukubi, Head of Communications and Partnerships at CIS Kenya. “This milestone underscores our collective commitment to building a smarter, more transparent, and inclusive credit ecosystem for Kenya.”
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