Our Loans

Financial services

Generally include savings and credit; however, some micro-finance banks like Aztec MFB also provide mobile banking and payment services. In addition to financial inter-mediation, MFB’s (like Aztec MFB) provide social inter-mediation services such as customers forum; group formation, development of self confidence as well as training in financial literacy and management capabilities. Thus the definition of micro-finance often includes both financial inter-mediation and social inter-mediation. Micro-finance is not simply banking; it is a developmental tool for SME’s. Although some MFB’s such as Aztec MFB provide enterprise development services, such as skills training and marketing as well as social services such as literacy training, educational scholarships and health care, these are generally not included in the definition of MFB’s

Micro-finance activities

In relation to SME’s usually involve;

• Small loans, typically for working capital
• Informal appraisal of borrowers and investments.
• Collateral substitutes, such as guarantees, sales invoice or compulsory savings
• Access to repeat and larger loans, based on repayment performance
• Streamlined loan disbursement and monitoring.
• Secure savings products and etc.

In addition to the aforementioned activities, Aztec MFB also renders below essential services to our esteemed SME customers;

• Assist customers in terms of client referrals, direct patronage of their products and other marketing endeavors with regards to customers’ product and services.
• We render financial and management advisory services.
• Assist our customers to register their companies or business names with CAC
• Cash pick-up and delivery services to our customers
• Carry out seamless funds transfers to any location or bank within the country for our customers.