Microfinance in Nigeria has grown from humble beginnings in community savings groups to a key player in today’s financial sector.
First formalised through the Community Bank programme in the late 1990s and given a nationwide framework in 2005, microfinance banks (MFBs) were designed to provide
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```