Oikocredit invests in FCMB Limited to support low-income communities in Nigeria

This is Oikocredit’s first investment in First City Monument Bank (FCMB) Limited – a bank that focuses on poverty alleviation, empowerment and environmental sustainability in Nigeria.
Oikocredit’s Country Manager for Nigeria, Ufuoma Elizabeth Eghwerehe, said: “The Oikocredit loan to FCMB Limited will play an important role in providing credit to unbanked small and medium businesses during these challenging Covid-19 times. It will also enhance Oikocredit’s lending in Africa and promote its strategic objective of development impact by providing the much needed loans in this time of crisis.’’
Archive > 2021 > June
- 28/06 - Oikocredit is ready for the future [interview]
- 24/06 - Oikocredit invests in Fin’Elle to support women entrepreneurs in Côte d'Ivoire
- 23/06 - Looking for our new Managing Director
- 16/06 - Specialty coffee making an impact
- 14/06 - Oikocredit holds 45th annual general meeting
- 10/06 - Oikocredit invests in Grace and Mercy to expand lending to women in rural communities across Nigeria
- 03/06 - Oikocredit invests in FCMB Limited to support low-income communities in Nigeria