Addresses and Contact Details of Baobab Microfinance Bank In Nigeria

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Addresses and Contact Details of Baobab Microfinance Bank In Nigeria

Baobab Microfinance Bank is one of the leading financial institutions in Nigeria, with a presence in over 20 locations across the country. The bank is committed to providing accessible and affordable financial services to individuals and businesses, with a strong focus on promoting financial inclusion in underserved and unserved areas. In this article, we will provide you with the addresses and contact details of Baobab Microfinance Bank’s branches in Nigeria.

List of Baobab Microfinance Bank branches in Nigeria.

State Branch Address Phone Number Email ID
Lagos State AJAH (HQ-ANNEXE) Roxyz Plaza Km 20 Lekki-Epe Expressway, Ilaje Bus-stop, Ajah 07000226222 customercareng@baobabgroup.com
Lagos State ALABA No. 130 Olojo Drive, Alaba International Market Road 07000226222 customercareng@baobabgroup.com
Lagos State BROAD STREET No. 95, Broad Street, Lagos Island 07000226222 customercareng@baobabgroup.com
Lagos State IKEJA Plot 114, Obafemi Awolowo Road, Ikeja 07000226222 customercareng@baobabgroup.com
Lagos State IKORODU No. 41, Lagos Road, Benson Bus-stop, Ikorodu 07000226222 customercareng@baobabgroup.com
Lagos State IKOTUN Nos. 142/144 Ikotun-Egbe Road Cele Bus-stop, Ikotun 07000226222 customercareng@baobabgroup.com
Lagos State MUSHIN No. 21, Palm Avenue, Mushin 07000226222 customercareng@baobabgroup.com
Lagos State TRADE FAIR Block A, Opposite Balogun Gate, BBA Market, Trade Fair 07000226222 customercareng@baobabgroup.com
Lagos State YABA Plot 314, Herbert Macaulay Way, Sabo, Yaba 07000226222 customercareng@baobabgroup.com
Oyo State BODIJA Plot 25b, Bodija Mini Shopping Centre, Bodija Market 07000226222 customercareng@baobabgroup.com
Oyo State DUGBE Baptist Building, Obafemi Awolowo Rd, Oke-Bola, Dugbe 07000226222 customercareng@baobabgroup.com
Oyo State EGBEDA No. 65, Egbeda-Idimu Road Beside Primal Tech Plaza, Egbeda 07000226222 customercareng@baobabgroup.com
Kaduna State ZARIA No. 3 Main Street, near Pz, Zaria 07000226222 customercareng@baobabgroup.com
Kaduna State KACHIA No. 7A, Kachia Road, Kaduna 07000226222 customercareng@baobabgroup.com
Kaduna State TUDUN WADA No. 2 Poly Road,Tudun Wada 07000226222 customercareng@baobabgroup.com
Kaduna State KAFANCHAN No. 9, Kagoro Road, Kafanchan 07000226222 customerc
State Branch Address Phone Number Email ID
Kaduna State KAWO Ra 2, Zaria Road, Hayin Banki, Kawo 07000226222 customercareng@baobabgroup.com
Kaduna State CENTRAL No. 16E Ahmadu Bello Way, CB Finance House 07000226222 customercareng@baobabgroup.com
Ogun State ABEOKUTA Budny Place, Kemta Oloko Itoku Market, Abeokuta 07000226222 customercareng@baobabgroup.com
Ogun State SANGO-OTA No. 20A, Idiroko Road, Sango Ota 07000226222 customercareng@baobabgroup.com
FCT, Abuja GARKI No. 38 Ladoke Akintola Boulevard Garki II 07000226222 customercareng@baobabgroup.com
FCT, Abuja NYANYAN Mararaba Guruku, New Karu LGA, Nasarawa State 07000226222 customercareng@baobabgroup.com
FCT, Abuja WUSE Plot 2135 Herbert Macaulay Way, Wuse Zone 5 07000226222 customercareng@baobabgroup.com
Kwara State Opposite ECWA Chapel, Challenge Roundabout, Ilorin 07000226222 customercareng@baobabgroup.com

HOW TO APPLY FOR  BAOBAB Loan ONLINE

  1. visit the BAOBAB loan portal https://baobabgroup.com/ng/loans/
  2. Click on “Start Now”
  3. Fill out the form
  4. Click “i declare” if you are above 18 years
  5. Then click submit

SME loans – They provide a loan of up to 20m to help consolidate or invest in your business, that is repayable in up to 24 months. The loan is for use as working capital or for the purchase of fixed assets.

What Type of Loan does BAOBAB Offer ?

What we offer are business loans for businesses that are already in existence/operation, and housing/house improvement loans.

How Much can you borrow on BAOBAB Loan ?

The minimum loan amount is N20,000 and a Maximum amount of N50,000,000. Both depend on the borrower’s repayment capacity assessed based on verifiable business inventory and other criteria.

BAOBAB Loan Requirements

To access BAOBAB Loan facility, you must have a business, the location must be within our bank’s lending area (Lagos state, Oyo state and Ogun state) and it must have been in existence within a specific period.

If I Apply For BAOBAB Loan, How long will it take to get the Loan ?

It doesn’t take longer than it ought to as long as the necessary requirements are adequately met (less than 3 working days).

visit the official website to apply for Baobab Loan https://baobabgroup.com/ng/loans/

History of Baobab Microfinance Bank in Nigeria

Baobab Microfinance Bank was established in 2005 as Microcred Nigeria Limited, a subsidiary of Microcred Group, a leading international microfinance institution with operations in Africa, China, and Europe. In 2019, Microcred Nigeria Limited was acquired by Baobab Group, a multinational financial services provider with a presence in over ten African countries, Europe, and Asia.

Today, Baobab Microfinance Bank operates in over 20 locations across Nigeria, serving more than 400,000 customers with a range of financial services, including savings and deposit accounts, loans, insurance, and financial advisory services.

The Role of Baobab Microfinance Bank in Promoting Financial Inclusion

Baobab Microfinance Bank is committed to promoting financial inclusion in Nigeria by providing access to affordable and convenient financial services to individuals and businesses in underserved and unserved areas. Through its network of branches and digital channels, Baobab Microfinance Bank is reaching out to millions of Nigerians who previously had limited or no access to formal financial services.

Baobab Microfinance Bank’s financial products and services are tailored to meet the needs of its diverse customer base, which includes low-income earners, small and medium-sized enterprises, and women entrepreneurs. The bank’s savings and deposit accounts, for instance, are designed to encourage a culture of saving among low-income earners and the unbanked, while its loan products are flexible and accessible to SMEs and other businesses in need of capital.

The bank also offers financial literacy and advisory services to its customers, empowering them to make informed financial decisions and improve their financial literacy. By promoting financial inclusion and empowering its customers, Baobab Microfinance Bank is helping to drive economic growth and development in Nigeria.

 

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