Strengthening Nigerian Microfinance Banks’ Business Process and Lending to MSMEs

Project Overview

A2F Consulting supported the Development Bank of Nigeria PLC in delivering technical assistance to participating financial institutions (PFIs) and microfinance banks to strengthen their business processes and expand MSME lending. The project aimed to enhance institutional capacity, improve lending practices, and increase access to finance for MSMEs.

Work Developed

• Assessed technical assistance needs of participating financial institutions and designed tailored implementation plans
• Delivered capacity building across key areas including product development, lending processes, risk management, KYC, AML/CFT, and corporate governance
• Implemented A2F’s proprietary Enterprise Risk Management and Regulatory Compliance Software across participating institutions
• Provided technology advisory and process optimization to strengthen institutional performance and MSME lending capacity
• Supported adoption of digital tools and operational improvements tailored to each institution’s needs

The assignment was delivered over 7 months and combined institutional assessment with targeted technical support. A2F worked with multiple financial institutions to strengthen operational capabilities and develop sustainable approaches to expanding MSME finance through improved processes, technology, and capacity building.