Microfinance bank launches cashless centres in Kwara, Oyo

Date: 2021-07-02

Advans La Fayette Microfinance Bank has launched two new cashless centres in Offa, Kwara State, and Iseyin, Oyo State.

It said in a statement on Wednesday that this was to create more efficient and agile branches that would be closer to the financially excluded members of the society.

The two branches brought the number of Advans cashless centres serving hundreds of financially undeserved in Nigeria to three, with a total of 17 branches, the statement said.

The Managing Director/Chief Executive Officer, Gaetan Debuchy, said, "The expansion is one of the company's innovative approaches to providing seamless, affordable and transparent financial services to micro, small and medium scale enterprises in the nooks and crannies of Nigeria.

"It will help us as a bank to make more impact with less resources so as not to increase the cost of service to clients."

According to him, Advans is a model microfinance institution that has continued to promote private sector-led economic and social development in Nigeria, and nine other countries.

The Chief of Business and Strategy, Elvis Oheneba, said factors such as proximity to small businesses and convenience for individuals and business owners were put into consideration in choosing the location of the cashless branches.

"We intend to increase the number of cashless branches from three to six by the end of the year 2021," he said.

Jean-Luc Nzoubou, who also oversees the business activities for the bank network across Nigeria, explained that a cashless centre could do everything a full branch could do.

He said customers could apply for loans, open savings and current accounts, get access to business advisory, and carry out other transactions without having to travel long distances.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Sardauna Of Ilorin     Moshood Bakare     Doyin Awoyale     Ijakadi     Lawyers Unite Against Corruption     Afin Descendants Union Of Odo-Owa     Elerin Of Adanla     Association Of Kwara State Online Media Practitioners     Taofik Abdulkareem     Oniwa     Olayinka Are     Garba Idris Ajia     Tunde Idiagbon Road     Elekoyangan     Ahman Pategi     Jawondo     Kayode Yusuf     International Public Sector Accounting Standards     Kunle Okeowo     Peculiar Allowance     Laolu Saraki     Ishola Moses Abiodun     Mamatu Abdullahi     Jare Olatundun     Bursary     Curfew     John Dara     Millennium Development Goals     Olufolake Abdulrazaq     Smart School     Oke-Kura     Ibrahim Abikan     Habeeb Saidu     Makama Of Kaiama     Belgore     Sheu Ndanusa Usman     John Olajide Adedipe     Yusuf Abdulkadir     Turaki Of Ilorin     Kamaldeen Gambari     Harmony Holdings     Ganmo     Khadijat Ayoola Yusuf     Moji Makanjuola     SDP     Yusuf Ibitokun Sherifat     Lukman Adeloyin     Lucky Omoluwa     Aliyu Adebayo     Fatimah Abdulkadir     Oluranti Idowu     Logun     Muideen Olaniyi Alalade     Abubakar Baba Sulaiman     Akume     Niguel Gallando Marcias     Folaranmi Aro     Kwara North     Ghali Muhammed     Kwara Hotel     Shehu Jimoh     Ronke Adeyemi     Ganmo Electricity Sub-Station     Ajuloopin     Dapo Teni Nig Enterprise     Royal FM     Jimoh Akani     Kayode Laro     Susan Modupe Oluwole     2023 Elections     Sam Onile     Aliyu Alhassan     Shaykh Luqman Jimoh     Bashir Omolaja Bolarinwa     Demola Banu     Ike Ekweremadu     Alabi Lawal    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Mutawali     Kazeem Gbolagade     Erin-ile     Adaramaja     Abiodun Jacob Ajiboye     Yusuf Amuda Abubakar     Gamji Members Association     Hydro-electric Power Producing Areas Development Commission     Femi Gbajabiamila     Sarah Alade     Olushola Saraki     Yusuf Amuda Gobir     Tsaragi-Share     Apado     Mohammed Saidu     Kale Bayero     Abdulrazaq Akorede     Folorunsho Alao     Alao Ayotunde     Young Progressives Party     Mope Dasuki Belgore     Gafaru Olayiwola Olorisade     Standard Organization Of Nigeria     Abubakar Imam     Maigida     Samuel Elizabeth Keatswa     Abdulhakeem Adelaja Amao     Tafidan Kaiama     Olabode George Towoju     Ayekale     Arca Santa     Otoge     2023 Elections     Pategi     A.G.F Abdulrasaq     Oloje     Aliyu Sabi     Salmon Babatunde Salmon     Abdulrazaq Sanni     Adedayo Yusuf Abdulkareem     National Democratic Congress     Maimunat Oloriegbe     Abdulkadri Ahmad Alaiye     Olukotun Of Ikotun     Kwara State Polytechnic     Madawaki     Yahaya Jibril Usman     Sanusi Abubakar     AbdulRauf Keji     Jelili Yusuf     Abdulganiyu Oladosu     Erubu Oba Zubair     Saka Onimago     Aasiyat Bello Oyedepo     Jare Olatundun     Government House     NaAllah     Samuel Adedoyin     Kwara 2023     Olosi Of Osi     Oba-Solagberu     Kabir Shagaya     Funmilayo Braithwaite     Maryam Ado Bayero     Laduba     Abdulrasheed Lafia     Obayomi Azeez     IsDB     ASUU     Nurudeen Mohammed     Simeon Sule Ajibola     Park     Kola Olota     Magaji Are     Student Learning Support Helpline     NIPR     Tunji Olawuyi