Gapbridge Microfinance Bank “the formal financial system provides services to about 35% of the economically active population while the remaining 65% are excluded from access to financial services”(CBN microfinance policy).
Gapbridge Microfinance bank is poised to take advantage of the existence of huge un-served market of which research reports from CBN reveal that less than 2% of the rural community has access to small business owners need for micro credit.
Gapbridge Microfinance Bank Ltd was incorporated in May 2007 and commenced operations in November, 2007 as a specialized financial institution dedicated to providing financial services to micro, small and medium enterprises (MSMEs) and emerging businesses looking for opportunities to increase their potential for success. The company also aims to render payment services such as salaries, gratuities and pensions for various segments of the market, in addition to providing services to the MSMEs
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