Baobab Nigeria is set to inject more funds into its operations after disbursing nearly N500 billion in loans to micro, small, and medium-sized businesses.
Since its inception, the bank has supported close to 300,000 clients with nearly half a million loans, reinforcing its commitment to financial inclusion and business growth. This aligns with Baobab’s mission to provide accessible financial services to underserved African communities.
Philip Sigwart, Baobab Group CEO noted the company’s unwavering dedication to supporting microenterprises and small businesses through impactful financial services.