Bosak Partners Development Bank of Nigeria (DBN)

The Development Bank of Nigeria (DBN) was conceived by the Federal Government of Nigeria (FGN) in collaboration with some global development partners to address the major financing challenges facing Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria.

Its objective is to alleviate financing constraints faced by MSMEs and small Corporates in Nigeria through the provision of finance to eligible financial intermediaries on a market-conforming and fully financially sustainable basis.

Bosak Microfinance Bank Limited was selected by the DBN as a Participating Financial Institution after rigorous pre-qualification exercise to provide on-lending service to micro enterprises. Bosak finances it’s Trade Support Loan product with fund from the DBN.

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