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Ekondo Microfinance Bank, Association Partner On Loan Products

LEADERSHIP News by LEADERSHIP News
11 months ago
in Business
Ekondo Microfinance Bank
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In a move to support the current Nigerian government’s efforts to improve Nigeria’s healthcare system through grassroots-oriented funding, Ekondo Microfinance Bank (MfB) has launched EKWASH and EKPURELYFE loan products under the WaterCredit adoption programme in partnership with Water.org and the National Association of Microfinance Banks (NAMB).

Speaking during the unveiling of the innovative products at Calabar, Cross River State, the managing director of the MfB, Charles Efedodama, said the initiative was more than a product, but represented the micro-credit lender’s commitment to improving lives.

He maintained that access to safe water and decent sanitation remained not just a basic need but a strong driver of health, dignity, productivity, and economic growth.

According to him, through the partnership with the NAMB and Water-org, Ekondo MfB is expanding financial access to households, small businesses, and communities, enabling them to invest in water connections, boreholes, toilets, and hygiene facilities.

The banker explained: “At Ekondo MFB, our mission has always been to create value and empower people. Today, we are taking that mission to a deeper level of impact. With Water.org providing technical expertise and NAMB strengthening industry collaboration, we are confident that this product will transform the lives of thousands across Cross River State and beyond.

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“To every family that will gain access to clean water, to every woman relieved from spending hours fetching water, to every child who can now stay in school — this is why we are here”, Efedodama stressed.
He commended the MfB’s partners, board of directors, employees and every stakeholder who made this launch of the WASH facility a reality, adding that “together, we are not just launching a product — we are launching hope, dignity, and a healthier future for all Nigerians.”

In his remarks at the event, senior relationship account manager at Water.org, Gilbert Okpono, enthused: “Today, we’re proud of Ekondo Microfinance Bank for the launch of its new WSS loan products captioned EKWASH and EKPURELYFE, respectively, under the WaterCredit adoption programme in partnership with Water.org and NAMB.

“This collaboration empowers communities with access to safe water and sanitation while promoting financial inclusion. Together, we’re not just launching a product—we’re driving healthier lives and sustainable growth”, he added.

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