Onitsha Advancement Foundation

MFI / MFB: OnAF Microfinance


OnAF microfinance seeks to evolve into a leading MFB institution in the South east and Nigeria and Africa in general, adopting the Bangladesh model


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.


  • 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

Director: Nnamdi Anammah

Tel: +234 803 326 2514

Email: microfinance@onaf.org 

OLEC Events Gallery

A cross-section of participants at the just concluded Entrepreneurship Development Institute (EDI) training