Sohih Gets Operating License, Moves To Expand Non-interest Financing For Individuals,  MSMEs

Sohih Capital Limited has secured an operational license, marking a key milestone in its drive to deliver structured financing solutions to individuals and Micro, Small and Medium Enterprises (MSMEs) across Nigeria.

The regulatory approval empowers Sohih to provide financial services aimed at supporting everyday Nigerians, MSMEs, and underserved segments in need of more transparent and balanced financing options.

In a statement, the Managing Director of Sohih, Muftau Oyesomi, said the development goes beyond regulatory compliance, describing it as part of a broader commitment to building a responsible and value-oriented financial ecosystem.

“This goes beyond receiving operational approval. It is about reshaping access to finance in a way that is fair, transparent, and reflective of the realities faced by Nigerians,” Oyesomi said.

He noted that Sohih’s priority is not only on providing funding for individuals and businesses, but also on simplifying the financing process by making non-interest financing easier to understand, more accessible, and seamless for users, while offering a practical alternative to conventional interest-based loans.

According to the company, its operating model is built on disciplined financing principles, clear assessment processes, and well-defined engagements designed to ensure sustainability for both clients and the institution.

Starting with its initial rollout in Lagos, Sohih said it intends to gradually extend its services to other parts of the country as operational capacity strengthens and systems scale.

The company further stated that its services are open to individuals and businesses seeking fair and transparent financing solutions, with particular emphasis on MSMEs requiring timely and responsible access to capital.

Industry observers say the rising demand for alternative financing models signals a shift in how individuals and businesses approach financial growth, with increasing emphasis on fairness, sustainability, and shared economic outcomes.

With operations set to commence, Sohih invites individuals and businesses seeking transparent and non-Interest financing solutions to visit www.sohih.ng or send enquiries to [email protected].