Digitvant MFB Empowers 50,000 Entrepreneurs For Job Creation

Digitvant Microfinance Bank said it had financially supported over 50,000 entrepreneurs in expanding their businesses to employ more unemployed Nigerians, thereby creating wealth and alleviating poverty in the country.

Speaking at a press briefing at the bank’s headquarters in Ikeja, Lagos, yesterday, the chairman, Kayode Oluwagboye, said the bank’s initiative, ‘Market Monie,’ had extended beyond the financial lifeline we have given to over 50,000 businesses, but the dignity that is integral in our service.’

Believing that his microfinance bank will transform the financial lives of millions across Nigeria, directly and indirectly, starting from the informal markets, to emerging entrepreneurs, he said, “At Digitvant, we have not only opened our doors to the public; we have opened opportunities, pathways, and access points to dignity, growth, and financial inclusion for Nigerians.”

Beyond leadership, he said, the bank is embedding inclusion and accountability into its DNA — in governance, in operations, and service delivery. “One of the core pillars of our services is customer experience, not just because we need our customers to remain and grow in business, but to ensure that our customers have a positive experience when they encounter us, every time and again,” he noted.

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She explained one of the bank’s flagship products, ‘Market Monie,’ which is a tailored loan product designed to address the working capital needs of small and medium-sized businesses. It is flexible, easy to access, and reflects the unique rhythm of informal sector enterprises.

On its DigitvantPay App, which symbolises convenience, she stated that, “we also understand the power of convenience which is why we created DigitvantPay. The DigitvantPay App brings banking to your fingertips. It’s fast, user-friendly, and designed for both rural and urban users.

“We promote financial wellness through Target Savings and Fixed Deposit Plans—helping individuals prepare for major life milestones such as school fees, business expansion, retirement, and more. Our savings products are inclusive by design, ensuring that everyone—regardless of income—has a pathway to financial growth and security.”