The management of many Micro Finance Institutions (MFIs) in Kenya has been characterized by corruption and mismanagement of scarce resources which include finances, human resource and time Microfinance institutions have received much attention regarding their financial performance. The objective of the study was to establish the effects board characteristics on the financial performance of MFIs in Nanyuki town, Kenya. Descriptive research design was used. The target population was 152 employees in the three MFIs in Nanyuki town, Kenya. Systematic simple random sampling was applied to get the respondents. Every 3rd employee was provided with a questionnaire making a total of 51 respondents.
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