MFI / MFB: OnAF Microfinance
Vision
OnAF microfinance seeks to evolve into a leading MFB institution in the South east and Nigeria and Africa in general, adopting the Bangladesh model
Mission
To provide intermediation between lenders and borrowers, mobilizing funding globally, for purposes of economic empowerment and inclusion, toward poverty alleviation, within the Onitsha traditional community.
Objectives
- Wealth creation
- Target 100% Loan recovery
- Achieve steady increase in employment of Onicha indigenes
- Participate in all Government empowerment programmes
- Evolve an enviable model in Nigeria and Africa.
The Future
The immediate goal is to operationalize the MFI Structure, commence Microfinance Bank or Digital Bank focused on the Onitsha indigenous community, and link the indigenous community to the global economy. This is with a view to achieving a fifty percent growth of the GDP of the Onitsha indigenous community by 2027
OLEC Events Gallery
A cross-section of participants at the just concluded Entrepreneurship Development Institute (EDI) training