Business

Advans La Fayette Microfinance support for over a million clients put firm on table



With a client base that now exceeds one million, Advans La Fayette Microfinance Bank has positioned itself as a key player in the country’s microfinance sector.

The milestone underscores the firm’s growing influence in supporting micro, small and medium-sized enterprises (MSMEs) and deepening financial inclusion across underserved communities.

As the institution expands its digital footprint and product offerings, its scale and reach are reshaping the conversation around access to finance in Nigeria.

This was the basis for its recognition as the “Microfinance Bank of the Decade” at the recently concluded Edge Awards held in Lagos.

Speaking on the recognition, Elvis Kwabena Oheneba, acting managing director/CEO of Advans La Fayette Microfinance Bank, said: “We are immensely proud to receive this award, which reflects our ongoing commitment to pioneering financial solutions and putting our customers at the heart of everything we do.

Read also: More Nigerians turn to Microfinance Banks as economy tightens

This recognition is dedicated to our loyal customers and our dedicated staff who have made our journey possible.

Echoing this sentiment, Kayode Abraham, head of Marketing and Communications at Advans La Fayette Microfinance Bank, added: “The ‘Microfinance Bank of the Decade’ award underscores our innovative approach to microfinancing, leveraging digital technology and forward-thinking strategies to meet the evolving needs of our diverse client base. This achievement reaffirms our dedication to providing exceptional customer experiences while strengthening financial access for underserved communities.”

Advans Nigeria provides a wide range of financial services including savings, current and fixed deposit accounts, loans, insurance, mobile and agency banking, USSD, and debit cards. Through the adoption of digital innovation and strategic partnerships, the bank continues to enhance its service delivery and empower individuals, micro, small, and medium-sized enterprises across Nigeria.

As part of the Advans Group, which operates in six African countries, Advans Nigeria contributes to serving over one million clients with the support of more than 7,000 employees globally. The group’s mission is to expand access to formal financial services for underserved and unbanked populations while fostering inclusive economic growth.



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