Ekiti State partners with Bosak Microfinance Bank
The Bank was appointed by Ekiti State Government as a Transacting Platform for the implementation of the COVID-19 Action Recovery Economic Stimulus program, a World Bank initiative to cushion the effect and provide relief to MSME’s impacted by the COVID-19 worldwide pandemic. The Ekiti State Government flagged off the grant disbursement on Thursday 6th October …
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2022 Group Leaders’ Congress
Bosak Microfinance Bank once again held an interactive session with the Leaders of various self-help groups in the Bank. This much anticipated events aims at appreciating Group Leaders, receiving feedback and educating them on relevant policies/ developments in the bank which will aid effective management of their groups. The 2022 Group Leaders’ Congress started on …
Best Microfinance Banking Services Award 2021 – Acquisition International Magazine
Bosak Microfinance Bank was recognized internationally for its contributions in the industry. The Bank was awarded Best Microfinance Banking Services Provider 2021 – West Africa by Acquisition International Magazine, a magazine that seeks to inform and shape the global corporate conversation through a combination of high-quality editorial, rigorous research, and an experienced and dedicated network …
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7th African Quality Achievement Awards 2021
Bosak MfB was acknowledged for its outstanding performance at the 7th African Quality Achievement Awards 2021. At the Merit Award Ceremony, the Bank was recognized for its landmark contribution towards the development of Microfinance Industry and the economy at large. The award was received by representatives of the Bank; Head, Business Strategy/Development and Client Management …
Nigeria Entrepreneurs Award
Bosak Microfinance Bank Ltd was recognized as the MSME Supportive Microfinance Bank of the Year at the 6th edition of the Nigeria Entrepreneurs Award. The Nigeria Entrepreneurs Award is an annual event that celebrates the achievements of MSMEs in Nigeria and Institutions that provide support to them. Partners of the annual award event include The …
Bosak Microfinance Bank Signs Loan Agreement With First Foreign Investor
In recognition of the bank’s commitment to and focus on its social mission of providing financial services to the economically active poor since 2009, Bosak Microfinance Bank has attracted the attention of foreign impact financing institutions. The bank recorded its landmark achievement of sourcing international funding by signing a loan agreement with Grupeer, a foreign …
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Bosak Microfinance Bank Holds Its 2019 Group Leaders’ Congress
Every year, the management of Bosak Microfinance Bank holds an interactive session with the leadership team of various self-help groups in the Bank which includes Leaders, Secretaries, and Treasurers. The Group Leaders’ Congress is a much anticipated annual event with the main objective of appreciating Group Leaders, receiving feedback and educating them on relevant policies/ …
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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 …
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Bosak Microfinance Bank Introduces Micro-Health Insurance to Its Customers
Recognizing the importance of affordable access to basic health care services for the disadvantaged population, Bosak Microfinance Bank has introduced Micro-Health Insurance service to its clients. The scheme, which commenced in the 3rd quarter of 2018, has already started touching the lives of the target market. According to Mrs. Augustine Joyce, a satisfied customer of …
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Bosak Partners Bank of Industry (BOI)
The Bank of Industry recently established a relationship with Bosak Microfinance Bank Limited in its “Bottom of the Pyramid” funding initiative. By this initiative, BOI desires to reach the active poor with access to credit to grow their businesses and improve household income. Bosak Microfinance Bank Limited has commenced disbursement of loans under the scheme.
