Egwafin Microfinance Bank was established in 2016, is licensed by the Central Bank of Nigeria and registered with the Nigerian Corporate Affairs Commission with RC number – 1296497. Egwafin Microfinance Bank was founded to bring the “unbanked”, Small and Medium Enterprises (SME) into the economic sector by providing them with small loans to start and operate a business. The Bank seeks to offer sustainable financial services to those who are often overlooked in the society – the limited and the low-income households in Nigeria through the provision of inclusive financial services viz access to credit, savings, transfers etc.

Egwafin Bank offers a better overall loan repayment rate than any conventional bank and suitable microcredit interest rates are established to enable the provision of large-scale financial services that are sustainable in the long-term.