Whether you need quick working capital for your shop, seasonal funding for your farm, or a secure place to grow your savings, Recemop MFB gives you instant access to capital with zero collateral hassle.
Get approved and receive funds directly into your account in less than 24 hours.
Transparent rates starting as low as 1.2% per month with no hidden charges.
Access micro-business and personal starter loans based on cashflow, not land titles.
Earn up to 16% per annum on daily savings and fixed target investments.
Financial Inclusion Award
Founded with a core mission to eliminate financial exclusion, Recemop Microfinance Bank provides tailored banking products for micro-entrepreneurs, smallholder farmers, market traders, and salary earners.
We work directly with market associations and trade unions to empower grassroots businesses.
Manage your account via Mobile App, USSD code (*894#), or through 12,000+ bank agents nationwide.
Licensed by Central Monetary Authorities, fully compliant, and all deposits NDIC insured.
Explore our comprehensive suite of loan products, savings accounts, and digital payment tools.
Designed for market traders, artisans, and small store owners looking to restock inventory quickly.
Set automated daily, weekly, or monthly savings goals for business expansion, equipment, or emergency funds.
Seasonal loans tailored specifically for smallholder farmers, poultry rearers, and food processors.
Turn your retail store into a financial hub. Earn commissions on cash withdrawals, bill payments, and transfers.
Special low-interest loans created to support women entrepreneurs with business mentorship programs.
Invest your surplus capital for 3, 6, or 12 months with guaranteed competitive returns and upfront interest payouts.
Real stories of growth, resilience, and transformation empowered by Recemop MFB.
"Recemop approved my ₦300,000 inventory loan within 18 hours when my stock was completely exhausted before festive season. My supermarket revenue doubled!"
"The Agri-Business loan with seasonal repayment allowed me to buy organic fertilizer and expand my cassava farm without worrying about monthly stress until harvest."
"Using the Target Savings plan with 16% interest, I saved systematically every week and bought two new delivery vans for my bakery in less than 14 months."
Everything you need to know about opening an account, interest rates, and loan requirements.
For loans under ₦250,000, you only need a valid government-issued ID card (Driver's License, National ID, or Voter's Card), proof of business address, and bank statement for the last 3 months. No heavy land collateral is required!
Once your document verification is complete, disbursements are processed within 4 to 24 business hours directly to your designated bank account.
Yes! Recemop Microfinance Bank is fully licensed by the Central Monetary Regulatory Authority and all customer deposits are insured up to statutory limits by the NDIC (National Deposit Insurance Corporation).
Yes, you can prepay your loan at any time! In fact, we encourage early repayment and offer interest discount rebates for early settlements with zero penalty fees.
Simply dial *894*44# on any registered mobile phone line to check your balance, transfer funds, pay loan installments, or request an instant field agent visit.
Visit our corporate headquarters, speak with a dedicated micro-loan officer, or send us a message online.
45 Financial Avenue, Banking District, Victoria City
0800-RECEMOP (0800-732-3667)
support@recemopmfb.com | loans@recemopmfb.com
Monday - Friday: 8:00 AM - 5:00 PM | Sat: 9:00 AM - 2:00 PM