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.
General features include:
- No need of conventional forms of collateral
- Ensures daily savings for repayment
- Quick loan processing period
- One individual guarantor required