About us

Maranatha Microcredit is a Microcredit Cooperative Society registered under the Abia State Cooperative Act under the name Maranatha Microcredit Cooperative Society Limited is a wholly owned subsidiary of Shareholders, licensed by the Central Bank of Nigeria to provide comprehensive microfinance services to the unbanked and under banked in urban, semi-urban and rural areas of Nigeria.

Maranatha Microcredit is to create financial, economic and technical aid and any other possible assistance to members in order to empower and reduce poverty.

Whereas the Project Implementation Committee registered the Maranatha Microcredit Cooperative Society Ltd in order to receive monies from share subscriptions pending the Incorporation of the Microfinance Bank with the CAC after approval by the CBN.

 

  • BENEFITS:

    To members:
  • Create closer ties among the members
  • Provision of financial and training support to members
  • Promote savings culture
  • Create a window for the acquisition of certain personal needs, which their income could otherwise not support.
  • Educate and encourage entrepreneurship amongst members
  • Receipt of annual dividend