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EASY MFB FOR YOUR BUSINESS
The People's Bank
Our Key Strategy
Provision of financial services to the economically active poor, Capacity building for micro-entrepreneurs, Skill acquisition programmes and poverty alleviation programmes through employment generation
Two times of the contribution is given as loan payable for 60 days.
Loan Application forms to be obtained at different prices depending on the loan-able amount.
7% interest rate is charged on the principal amount monthly on reducing balances
To provide a wide range of financial services to a substantial and diversified Customer-base that includes low income earners and households, lowered entrepreneurs, the under banked and high networth individuals (HNIs) among others. To encourage saving culture to ensure sustainability in business of each customer as a tool to poverty alleviation in Nigeria.
- To provide viable business models that provide access and financial empowerment to those on the base of the economic pyramid that constitute 80% of the about 165million Nigerians and also provide appreciable returns on investments.
- To provide credit to customers, especially small and medium enterprises, low income earners and ensure effective loans usage among beneficiaries. Render business advisory and non bank financial services to our customers.
JOIN THE MOVING TRAIN
Search is conducted at CAC on the company at the cost of N3,000 (limited liability company) and unlimited company).