Digitvant Empowers Over 50,000 Small Businesses Through Market Monie Loans
Digitvant Microfinance Bank, an emerging name in Nigeria’s fintech space, has successfully supported over 50,000 small and medium businesses through its flagship loan product, Market Monie. The announcement was made during a press conference held at the bank’s branch in Ikeja, Lagos.
Licensed by the Central Bank of Nigeria (CBN), Digitvant is on a mission to provide access to credit for businesses, especially those in the informal sector, without the usual barriers like collateral and complicated paperwork. Through its field agents and the user-friendly DigitvantPay App, the bank is making finance more inclusive and empowering entrepreneurs across the country.
“We believe that yes, we run a business, and we shall make a profit, but not at the expense of the dignity and self-esteem of our customers,” — Kayode Oluwagboye, Chairman, Digitvant MFB
What is Market Monie and How It Works
Market Monie is a specially designed loan scheme for small business owners, market women, and entrepreneurs who need working capital to grow. The loan is:
Collateral-free
Easy to access
Flexible in repayment
Delivered through trusted community agents
With this product, over 50,000 businesses have received financial support, helping them expand, restock, or stabilize their operations.
Florence Ogunmayoju, Managing Director of the bank, emphasized that the informal sector makes up 48% of Nigeria’s GDP and employs 84% of the workforce. Market Monie is Digitvant’s way of reaching out to this underserved segment with simple, effective solutions.
DigitvantPay App – Banking at Your Fingertips
For ease of access, Digitvant created the DigitvantPay App, available for both urban and rural users. The app is:
Secure and user-friendly
Available for smartphones
Built for easy loan applications, savings, and payments
The Chief Technology Officer, Tolulope Awode, assured that strong security features are built into the app to ensure customer confidence and safety.
“At Digitvant, we blend the agility of fintech with the empathy of microfinance,” — Florence Ogunmayoju, MD, Digitvant MFB
How You Can Benefit
If you are a trader, artisan, or run a small business, here’s how to access support from Digitvant:
Download the DigitvantPay App from your app store.
Register your details and follow the instructions to apply for Market Monie.
Or visit any Digitvant community agent or their branch to get started.
Get quick access to loans, save your money securely, and grow your business.
This initiative is not just about banking — it’s about building a movement for financial inclusion and growth.
Digitvant Microfinance Bank is redefining micro-lending in Nigeria with heart and innovation. Their commitment to inclusion, simplicity, and customer dignity is a breath of fresh air in the financial world. If you are a small business owner looking for a helping hand, Digitvant is a step in the right direction.
