Our Company

Olofin Microfinance Bank is a financial institution incorporated 25years ago by Corporate Affairs Commission, to be specific, on 27th August, 1995 as a private limited liability company. The bank is under Deposit Insurance Scheme by Nigeria Deposit Insurance Corporation and licensed by Central Bank of Nigeria to extend small loans referred to as Micro Loans to micro entrepreneurs such as farmers, artisans traders, self employed and cooperatives among others. Olofin Microfinance Bank offers both financial and non financial services including savings, Credit, micro insurance and business advisory services. Our major concern in Micro financing is about providing financial services to the economically active poor, that are not served by the conventional financial institutions owing to the inability to meet the requirements of the conventional financial institutions. Our specific services rendered in an efficient manner have significantly improved the living standard of our numerous target customers as well as generating employment within the nooks and crannies of the state Olofin Microfinance bank in March, 2017 was given an award as the best Microfinance Bank in Implementing Rural Business Plan under the Central bank of Nigeria CBN/IFAD (International Finance for Agricultural Development) and RUFIN(Rural Financial Institution capacity Building) and as such contributing significantly towards surpassing financial exclusion target of 20% by attaining 18% in South West Nigeria. We attained this with the aid of this product being refined