BoI commits N4bn to underserved micropreneurs through 23 MFBs

BoI commits N4bn to underserved micropreneurs through 23 MFBs

The Bank of Industry (BoI) has devoted N4.23 billion to the underserved and under-banked micro entrepreneurs at the bottom of the pyramid through 23 microfinance banks (MFBs). Eleven of the 23 MFBs have already disbursed N1.1 billion, while three newly recruited MFBs have been handed the sum of N2 billion for on-lending. Nine other MFBs…

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