Abucoop Microfinance Bank Limited

Oban Rating:

4.3/5.0

As a modern micro-finance bank, ABUCOOP MFB offers to its customers a broad range of first class banking products. They offer a suite of products through various channels including Current accounts, Savings accounts, Term Deposits, Target Savings account, amongst others.

ABUCOOP MFB operates from three branches. The two branches in Kubwa and Nyanya attends to the banking needs of largely artisans through its microcredit scheme called “Abu-Support”. The Head office branch which is located at Millennium Builder Plaza Central Business District almost opposite the NNPC Towers is largely patronized by NNPC Staff and Contractors.

Kuda Microfinance Bank Loans and Terms

Loan Type

Personal Loans

Loan Amount

₦1000

-

500000

Repayment Terms

2

-

3 months

Monthly Interest

12

-

15%

Location

Abuja

Employment Preference

Full Time

Pros: 

Flexible lending periods, Flexible lending amounts, Good customer service

Cons: 

Difficult online accessibility, Not mobile friendly, High charges and late fees

Estimated Interest Rate

12

-15%

Max Loan Amount

₦500000

Loan Term

2

-3 months

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