Vision

To create an economic environment where the ability of the poor to improve their lot is not determined by the wealth inherited but by the individual’s drive to capture business opportunities and make the best use of such opportunities

The Mission

To be the leading provider of REAL micro finance services in Africa through deep understanding of financial needs of the economically disadvantaged and use all forms of INTERMEDIATION including Information Technology to support innovation of solutions to meet such need

Ownership

Ownership of the organization is by individual shareholders who contributed to seed capital for Self Help Group. The newly registered members have the option of being shareholders thus bound by the covenants and philanthropic creed or being preference members who join with a view of accessing credit products availed by the organization.

MICROFINANCE ACTIVITIES

• The business involves short term savings of personal money, long term savings schemes such as education funds etc, keeping of small but steady escrow accounts such as churches, lawyer’s client accounts, local authority expenditure accounts, schools accounts, small group’s accounts.
• Deposit mobilisation in the form of investment accounts, interest bearing deposits, margin for guarantee/margins for LC accounts.

Links

• http://www.yescashadvance.com


• Riverbank