Welcome to Challenge Microfinance Bank

Our strategic focus is on minimizing cost and providing self sufficiency and economic development among people who don’t have access to the traditional financial sector by lending to lower income families with businesses thereby provide social uplifting and earn profit. The bank focus also is to raise the capital base to N200 million. Hence our business drive has been focused on dealers in Fast Moving Consumer Goods (FMCGs), salary earners from Federal Government MDAs & Top Tier publicly quoted companies, Local Corporate and duly registered co-operative societies operating in business segments acceptable to the bank.