In a major boost for financial inclusion in Nigeria, fintech-driven microfinance bank, FairMoney, has disbursed over N150 billion in loans in the past year while paying more than N7 billion in interest to its savings customers.
The Managing Director of FairMoney Microfinance Bank, Henry Obiekea, said the institution, which began operations in 2021 as one of Nigerias pioneer rapid-credit platforms, has steadily expanded its services to reach both individuals and businesses across the country.
