If you are looking for trusted microfinance banks in Jigawa State, Nigeria, this post is for you. Microfinance Banks (MFBs) are licensed financial institutions that provide savings, loans, and other financial services to individuals, students, small businesses, and rural communities who may not have easy access to commercial banks. In this article, you will find the complete list of approved microfinance banks in Jigawa State, including their locations in Dutse, Hadeija, Babura, and beyond.
List of All Microfinance Banks in Jigawa State
There are 7 Microfinance Banks in Jigawa State. They are
BABURA Microfinance Bank
DUTSE Microfinance Bank
FUD Microfinance Bank
HADEIJA Microfinance Bank
KHB Microfinance Bank
MAIGATARI Microfinance Bank
NEW WORLD Microfinance Bank
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Microfinance Banks in Jigawa State and their location.
These are the list of all 7 Microfinance Banks and their branches in Jigawa State
BABURA Microfinance Bank located at OPPOSITE DISTRICT HEAD’S OFFICE, BABURA, JIGAWA STATE
DUTSE Microfinance Bank located at KASARAU YAMMA, CENTRAL MARKET, DUTSE, JIGAWA STATE
FUD Microfinance Bank located at IBRAHIM ALIYU BYPASS, DUTSE, JIGAWA STATE
HADEIJA Microfinance Bank located at 5, BAKIN KASUWA, HADEJIA, JIGAWA STATE
KHB Microfinance Bank located at 5, SECRETARIAT ROAD, KAFIN HAUSA, LGA, JIGAWA STATE
MAIGATARI Microfinance Bank located at 2, CHIROMA AHMADU STREET, MAIGATARI LGA, JIGAWA STATE
NEW WORLD Microfinance Bank located at 1, SALHI ROAD, BIRNI-KUDU LGA, JIGAWA STATE
The above Microfinance banks are licensed either as state MFBs,tier1 or tier 2 unit banks, meaning they are recognized by regulatory authorities and permitted to offer financial services to the public.
Structure of Microfinance Banking in Jigawa State
The structure of microfinance banks in Jigawa State is based on licensing categories:
State MFBs operate across the entire state.
Tier 1 Unit MFBs has a Wider customer reach than Tier 2, suitable for larger LGAs or semi-urban areas. It also Provides micro-loans, savings, and financial services to a bigger population within an LGA.
Tier 2 Unit MFBs focus on specific local government areas or communities.
Microfinance Banks and their Status.
Name | Address | STATUS |
---|---|---|
BABURA MFB | OPPOSITE DISTRICT HEAD’S OFFICE, BABURA, JIGAWA STATE | TIER 2 UNIT |
DUTSE MFB | KASARAU YAMMA, CENTRAL MARKET, DUTSE, JIGAWA STATE | TIER 1 UNIT |
FUD MFB | IBRAHIM ALIYU BYPASS, DUTSE, JIGAWA STATE | TIER 1 UNIT |
HADEIJA MFB | 5, BAKIN KASUWA, HADEJIA, JIGAWA STATE | TIER 1 UNIT |
KHB MFB | 5, SECRETARIAT ROAD, KAFIN HAUSA, LGA, JIGAWA STATE | TIER 2 UNIT |
MAIGATARI MFB | 2, CHIROMA AHMADU STREET, MAIGATARI LGA, JIGAWA STATE | TIER 2 UNIT |
NEW WORLD MFB | 1, SALHI ROAD, BIRNI-KUDU LGA, JIGAWA STATE | TIER 2 UNIT |
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