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This book is about Effect of Financial Indicators on MFI financial performance in Kenya. It examines three plausible indicators which include debt to equity ratio, portfolio to assets ratio, operating expense ratio and returns to assets ratio. Microfinance is the provision of a broad range of financial services such as deposits, loans, payment services, money transfers and insurance to the poor and low-income households and their micro enterprises. The sector reaches out to 832,794 active borrowers with a loan book amounting to Kshs. 28.6 billion and reporting 26.4 % annual growth in Kenya. The book is intended to aid university and college students conducting studies on financial performance of microfinance institutions in Kenya. Also it would be of help to the financial sector institutions such as banks, microfinance institutions and the credit institutions as well. The book would be significant in the provision of MFIs with proper decision making as well as provide the contextual information to researchers and scholars.