Mayfair Microfinance Bank Limited was incorporated in 2009 as a regulated Microfinance Bank by the Central Bank of Nigeria (CBN). The Bank’s mission is to take advantage of the new finance opportunity of providing banking services to the unserved but economically active population that cannot meet the requirement of the traditional commercial banks.
Mayfair MFB offers fixed deposits and savings products to investors, as an alternative form of investments. The main goal is to lend micro borrowers and small & medium entrepreneurs through their various empowerment products.
General features include:
- No need of conventional forms of collateral
- Ensures daily savings for repayment
- Quick loan processing period
- One individual guarantor required
