We’re a microfinance bank based in Sagamu, Ogun State, Nigeria, with over 30 years of experience in providing growth advice and finance to individuals and businesses. Our innovative approach to microfinance has enabled us to make a lasting impact on the local communities we serve.

We believe that everyone should have access to basic financial needs, and our microfinance services provide the necessary access to these services.

Our network of branches enable us provide financing options to those who would otherwise be unable to obtain them. We strive to provide customized solutions to each of our customers, and our commitment to excellence is seen through the quality of service we provide.

We are passionate about helping to create an environment where people have the opportunity to succeed.

Eso-e Micro-Finance Bank Sagamu banking hall, Sagamu

About Eso-e MFB

Eso-E Microfinance Bank Limited started operation as a community bank incorporated and licensed to carry out community banking on December 12 1993. The Bank operated for several years successfully as a community bank until the banking reform of 2006 when the bank decided to transform unto a microfinance Bank. A license to carry on unit Microfinance Bank was then issued to the bank on August 12 2008 after a successful transformation

After operating successfully as a Unit Microfinance Bank our Bank, in 2014, opted to transform to a State Microfinance Bank and subsequently applied to the Central Bank for a license which was granted in November of the same year.

Eso – E MFB was registered in Nigeria under the provisions of the Companies and Allied Matters Act CAP C20 LFN 2004 with registration number RC 236976.

Eso-e Microfinance Bank staff in the office

And, our principal activity is to carry on business as a Microfinance Bank providing Financial Services to Micro, Small and Medium – Scale Enterprises and other people on low incomes in Nigeria in form of loans. ESO – E MFB is eligible to accept deposits from individuals, groups and organizations and also raise finance in accordance with the CBN Regulations and Guidelines on Microfinance Banks.

Our registered office and principal place of business is 198, Akarigbo Street, Sabo, Sagamu, Ogun State, Nigeria.


To provide cost-effective quality Microfinance service to the active poor, by adding value to their existing economic opportunities in order to enhance their role in economic and social decision making.


To be the preferred provider of Microfinance services in Ogun State.


In achieving our goals, these are our core values;

  • Honesty and Integrity
  • Teamwork and Excellence
  • Open communication and Transparency
  • Commitment and Devotion
  • Friendly customer care and efficient service delivery.
Frontage of Esoe Microfinance Bank Sagamu