Businesses often fail because of insufficient capital to kickstart operations, sustain the business or scale. Despite the crucial role that MSMEs play in the economy, particularly in developing nations like Nigeria, they are usually disadvantaged when it comes to sourcing funds from big commercial banks.
Microfinance banks (MFBs), on the other hand, provide easier access to financial services including the grant of loans to a large segment of small businesses and enterprises who would otherwise have little or no access to these facilities. In this article, we explore three MFBs where you can source up to five million naira easily to fund your business or personal need.
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Posted: at 21-05-2021 05:04 PM (2 years ago) | Newbie