Branch Announces 1 Millionth Loan Disbursed Since Launching App Two Years Ago. - Vanguard News

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Branch Announces 1 Millionth Loan Disbursed Since Launching App Two Years Ago. vanguardngr.com vanguardnews

Nigerians deserve access to high quality financial services. But in reality, only too many people are excluded. For its second anniversary, Branch International reflects on its journey to provide financial services to millions of Nigerians.

According to the UK’s Enhancing Financial Innovation and Access , 34.9 million Nigerians above the age of 18 have been financially excluded. With just a smartphone, customers can borrow between N1000 and N200,000 without going through any stress. Now, the company has disbursed over one million loans worth over N9 billion in Nigeria alone. That’s N9 billion that has helped individuals, families and businesses make meaningful progress, particularly in the informal economy.With Branch, customers can instantly borrow the amount they need without ever going to a physical office to request a loan.Branch has earned a trustworthy reputation through the transparency of its services and with its customer-first approach in product delivery.

 

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