Top 10 Microfinance Banks To Get Loan in Nigeria 2023

Microfinance banks in Nigeria are financial institutions that provide financial services to the economically active poor, micro and small businesses, and other underserved individuals and groups. Here are 10 microfinance banks in Nigeria and a brief overview of how they operate:

Top 10 Microfinance Banks To Get Loan in Nigeria 2023

1. LAPO Microfinance Bank

LAPO Microfinance Bank was founded in 2010 and operates in all 36 states in Nigeria. It provides microfinance services such as loans, savings, and insurance to low-income earners and micro and small businesses. https://lapo-nigeria.org/

2. Accion Microfinance Bank

Accion Microfinance Bank provides microfinance services to micro and small businesses in Nigeria. It offers microfinance loans, savings, and insurance products to help entrepreneurs grow their businesses. https://www.accionmfb.com/

3. Mainstreet Microfinance Bank

Mainstreet Microfinance Bank is a leading microfinance bank in Nigeria that provides microfinance services such as loans, savings, and insurance to low-income earners, and small and micro businesses. https://www.mainstreetmfb.com/

4. AB Microfinance Bank

AB Microfinance Bank provides microfinance services to individuals and small businesses in Nigeria. It offers a wide range of microfinance products such as loans, savings, and insurance to help its clients grow their businesses. https://ab-mfbnigeria.com/

5. Grooming Microfinance Bank

Grooming Microfinance Bank provides financial services to small and micro businesses in Nigeria. It offers a range of microfinance products such as loans, savings, and insurance to help its clients achieve their financial goals. https://groomingmfb.com/

6. Fina Trust Microfinance Bank

Fina Trust Microfinance Bank is a microfinance bank in Nigeria that provides financial services to low-income earners and small businesses. It offers microfinance loans, savings, and insurance products to help its clients grow their businesses. https://www.finatrustmfbank.com/

7. NPF Microfinance Bank

NPF Microfinance Bank provides microfinance services to members of the Nigerian Police Force and other individuals in Nigeria. It offers microfinance loans, savings, and insurance products to help its clients achieve their financial goals. https://npfmicrofinancebank.com/

8. Infinity Microfinance Bank

Infinity Microfinance Bank is a microfinance bank in Nigeria that provides financial services to small and micro businesses. It offers microfinance loans, savings, and insurance products to help its clients grow their businesses. https://infinitymfb.com/

9. HASAL Microfinance Bank

HASAL Microfinance Bank provides financial services to low-income earners and small businesses in Nigeria. It offers microfinance loans, savings, and insurance products to help its clients achieve their financial goals. https://hasalmfb.com/

10. Addosser Microfinance Bank

Addosser Microfinance Bank provides financial services to micro and small businesses in Nigeria. It offers microfinance loans, savings, and insurance products to help its clients grow their businesses. https://addosser.com/

Conclusion

Overall, microfinance banks in Nigeria play a crucial role in providing financial services to underserved communities and helping micro and small businesses grow. They offer a range of microfinance products such as loans, savings, and insurance to help individuals achieve their financial goals and build sustainable businesses.