Reviews

Microfinance Banks

CBN-licensed microfinance banks offering credit to underserved Nigerians. Community-based lenders providing accessible loans without extensive collateral.

Found 4 reviews

Baobab Microfinance Bank is a pan-African microfinance institution operating in Nigeria, Senegal, Mali, Madagascar, Ivory Coast and other African markets. Regulated by the Central Bank of Nigeria, Bao…

  • Pan-African institution with proven microfinance expertise across the continent
  • Business loans for both working capital and asset acquisition
4.1
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LAPO Microfinance Bank is one of the largest microfinance banks in Nigeria, serving low and middle-income individuals and small businesses since 1987. LAPO is regulated by the Central Bank of Nigeria …

  • Strong track record of serving underbanked and low-income communities since 1987
  • Loans available without formal employment: suitable for traders and artisans
4.0
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AB Microfinance Bank Nigeria is a subsidiary of Access Holding (formerly AccessHolding) and is regulated by the Central Bank of Nigeria. The bank specialises in providing microfinance credit to small …

  • Specialist SME lender with deep expertise in microfinance lending
  • Business loans structured around trading cycles and seasonal cash flows
4.0
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NIRSAL Microfinance Bank (NIRSAL MFB) is a CBN-licensed microfinance bank established by the Federal Government to provide affordable credit to farmers, agribusinesses and MSMEs in Nigeria. NIRSAL MFB…

  • Below-market interest rates backed by Federal Government support
  • Dedicated programmes for agricultural value chains and rural businesses
4.0
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Guide: Microfinance Banks

CBN-licensed microfinance banks offering credit to underserved Nigerians. Community-based lenders providing accessible loans without extensive collateral.