Megapraise Microfinance Bank Limited was incorporated and duly registered with the Corporate Affairs Commission (CAC) September 2012 and commenced business as a fully licensed microfinance bank on September 2, 2013. The Bank received its final operating license from the Central bank of Nigeria on May 2, 2013.
Microfinance activities involves the provision of a broad range of financial
services such as savings, loans insurance, transfer services to poor and low
income households and their micro enterprises. Microfinance has emerged as an
effective strategy for poverty reduction. Across Developing Countries, Micro,
Small & Medium Enterprises (MSMEs) are turning to Microfinance Institutions for
an array of financial services.
Megapraise Microfinance Bank Limited is a private sector commercialized
Microfinance Institution (MFI) that seeks to provide a broad range of financial
services to low-income group, micro, small and medium enterprises, self employed
and employees of corporate organizations. MEGAPRAISE MICROFINANCE BANK Limited
is established under the Microfinance Regulatory Policy and Supervisory
Guidelines of the Central Bank of Nigeria
OUR MISSION STATEMENT To offer qualitative financial services through the efforts of highly motivated personnel with the aid of high profile technology tailored to researched processes and quality platform that will create an exceptionally satisfied and increasingly empowered clientele. |
OUR CORE VALUES |
OUR VISION |