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WHO WE ARE

Eden Micro finance Bank was established in 1992 as Ayegunle Community Bank to focus on the financing needs of its immediate environment and take advantage of the large opportunities that exists in the entrepreneurial, or start-up financial market. The changing needs and expanding opportunities of the market, led to a name change in 2004 to Kajolowo Community Bank. With the new name, the Bank achieved some improvement in its various banking activities, especially in their customer profile, which increased from 150 to 600.  

To face the challenges ahead of the millennium, the Central Bank of Nigeria moved up the paid up share capital of Community Banks to Twenty million Naira only, (N20,000,000.00) and an automatic upgrade to Micro Finance Bank Status.  

Our Bank, Eden MicroFinance Bank, is capitalized above this requirement and we are positioned to support our various customers, while we commit to good dividend pay out to our share holders.

 

OUR VISION

A reference point in the entrepreneurial finance market by achieving a leading role in microfinancing.

In our decision to operate in the micro financing sub-sector of the Banking Industry, we resolved to a leading role in financing entrepreneurs and start-up businesses. This we believe is the road to developing an industrialized Nigeria.  

To achieve this dream, we have developed tailor made products that will mobilize the required fund to finance the various needs of our customers.

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OUR MISSION 

Run a first class Bank, through highly respected Board, knowledgeable management and highly motivated staff; passionate about creating values to our environment. 

In our drive towards our mission, we have in place a Board of Directors that is committed to its dream and that of its customers, while our Management and staff are passionate about creating values to our customers, by developing unmatched products and delivering customized services, that will not only surpass the needs of customers, but meet them at the points of their need.

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OUR FOCUS  

Our focus is to develop an international standard micro finance institution, as we have designed our strategy round low risk asset creation focusing on stock/share facilities, Lease finance and other lending structures that have low risks. This will not only protect our share holders funds, but the depositors’ exposure to us.

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OUR PEOPLE/ORGANIZATION

We have in place, a collection of time tested Professionals who are highly qualified and passionate about creating values. To completely harness the creative potentials of our people, we have developed a dynamic business product called the ‘’BUSINESS CRUSADE’, with unmatched capacity to respond to marketing support, skills or strategy development requirements of our customers, especially those that are start-up businesses. 

To consolidate our capabilities, we have entered into local and International alliances with Institutions in complementary establishments and with core competences in their areas of focus. 

All of these are aimed at supporting the needs of our customers.

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