Central Support Service
A central support service (CSS) provided through a Special Purpose Vehicle (SPV) that will either provide or manage the set of services required to enable the Nigerian MFBs.
Scalable Banking System
A flexible, scalable and cost-efficient banking IT-system that will allow the Nigerian MFBs to configure and offer products they wish to make available to their customers.
Secure Cloud-Based Solution
A complete hosted private cloud based system with the specific objective of providing users the ability to access and use a modern enterprise level core banking system.
Enabling MicroFinance Banks
to drive financial inclusion.
Microfinance financial institutions are well positioned to enhance access to affordable financial services to many of the people that are still unbanked and under-banked. The success of Nigerian MFBs in driving financial inclusion will, amongst other things, depend on the sector’s use of a suitable set of banking services, including the appropriate use of the National Payment System (NPS) capabilities. It is envisaged that the use of this set of services, or banking platform, will enable participating Nigerian MFBs to become competitive and significantly increase their management capacity.