2019 Top five microfinance banks in Nigeria

2019 top five microfinance banks in Nigeria, Entrepreneurship has now the order of the day in the mind of Nigerian youths, Many Nigerian are faced with the issue of raising the capital. microfinance bank offers the solution to this problem currently.

2019 Top five microfinance banks in Nigeria

2019 Top five microfinance banks in Nigeria

Microfinance bank is a offers financial services to both individuals and small businesses that lack access to conventional banking.

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Getting loans is the major service being rendered by microfinance banks, their services are savings, insurance, payment services and fund transfers.

Microfinance also promote economic development, employment and growth through the support of micro entrepreneurs and small businesses and also a way for the poor to manage their finances more effectively.

Below is a list of the 2019 top five microfinance banks in Nigeria:

1. AB Microfinance Bank:

AB Microfinance Bank the best microfinance banks in Nigeria. founded in 2002 by a company believed to be owner by foreigners. Headquarters is located at No.11, Oba Akran Avenue, Ikeja, Lagos.

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2. Mainstreet Microfinance Bank:

Mainstreet Microfinance Bank started its operation in 2009 and is one of the best in Nigeria. formerly known as Afribank Microfinance Bank. Headquarters is at 94, Broad Street, Lagos Island, Lagos.

3. Fina Trust MIcrofinance Bank:

This is also reputed to be among the top microfinance banks in Nigeria. It was established in 2009. The headquarters is at 44, Toyin Street, Ikeja, Lagos.

4. AccionMicrofinance Bank Limited:

This was established in 2006 and among the top microfinance banks in Nigeria. It is located on the 4th floor, Elizade Plaza, 322 Ikorodu Road, Anthony Lagos

5.AltitudeMicrofinanceBank:

This is the best microfinance banks in Nigeria. Established in 2004. located at JP Plaza, Central Zone C Aspamada, Trade Fair Complex, Badagry Express way, Lagos.

Noisemakers are working hard in getting all the list of financial institutions and the best out of them.