At HASAL Microfinance Bank, we see Financial Inclusion as the reason we exist and we shall continue to partner with relevant stakeholders to support and advance the quest for wealth creation for Micro, Small and Medium Enterprises as well as poor households.

OIKO Credit

OikoCredit is HASAL’s International Institutional Partners who support the Bank’s business by providing long-term financing for on-lending to its customers. Oikocredit is a social investor and their social aspect aligns with that of HASAL MFB there by promoting responsible financing. We have partnered with OIKO credit in financing individuals, families and businesses at the very micro level.


In partnership with InterSwitch, HASAL was the first MFB in Nigeria with an exclusive Electronic Access Point as well as the first to launch Point of Collection (POC) terminals. Through the collaboration, the bank was the first Microfinance Bank to commence issuance of Debit Cards in 2010 riding on its own platform.  In partnership with interswitch, we are making branchless banking available in rural communities through the use of our various electronic channels.


IPA demonstrated support and partnership with HASAL for new micro product launch. The product which was aimed at having a savings account with in-built free medical insurance enrollment as its benefit, received an Innovation for Poverty Action (IPA) grant of $10,000 alongside a technical personnel from YALE University to facilitate the development of our HASAL Health Insurance Account (HINSA).

HIMS Academy

The HASAL Institute for Microfinance Banks (HIMS Academy) was developed in partnership with the bank, to first and foremost develop the capacity of our employees in delivery of responsible and sustainable microfinance services to clients as well as enhance capacities in other microfinance institutions within the National Association of Microfinance Banks (NAMB). Our goal is to support an industry of efficient practitioners whose ultimate goal is to improve lives, grow the economy and reduce poverty.

The Smart Campaign

We affirm to the smart campaign principle, which have been imbibed as part of our consumer protection policy to:

  • Ensure all our products are designed and delivered with our clients’ peculiar needs at heart
  • To enforce utmost due diligence so as to prevent over indebtedness
  • To be transparent in all our dealings with the client
  • Ensure our pricing is responsible and in line with international best practices
  • Drive fair and respectful treatment of our clients
  • Ensure privacy of clients’ data is protected at all times; and
  • Ensure efficient resolution of complaints as well as effective communication of our complaint resolution mechanism.

AFOS is currently our growth partner for Management and Organizational Development. Through a series of Management Trainee and Talent Pool programs aligned to accommodate and ensure a sustainable strategic growth and expansion pattern, the partnership is anchored around driving the core values and strategic direction of the bank with the aim of achieving efficiency that eventually translates into excellent service delivery to our clients.


EFInA supported HASAL’s branchless banking project with its foray into use of conventional Point of Sale (POS) terminals to Point of Collection (POC) terminals for savings mobilization through use of agents within the FCT and environs. HASAL Microfinance Bank won EFInA’s innovation grant of 500,000USD in 2012 with a 100,000USD Technical Assistance for scale up of its project aimed at improving access to finance around the FCT.


FCT-MDGs collaborated with HASAL Microfinance Bank for provision of financial services and trainings to Women and Youth in three (3) area councils of the FCT. This project was a partnership which involved the Bank providing basic entrepreneurship trainings of women and youth, while the MDGs trained these individuals on skills acquisition. HASAL also provided self-empowerment loans to the women and youth.


SMEDAN is our partner for promotion of Micro, Small & Medium Enterprises and provision of financial services to trained MSMEs (individuals & cooperative) within the country. HASAL has partnered with SMEDAN for its ‘One Local Government One Product’ across the 109 Senatorial Districts as well as being a financial mediator for constituency grant implementation.

Bank of Industry

Bank of Industry is HASAL’s Development Finance Institution Partner for on-lending financing. HASAL is a beneficiary of BOIs Bottom of Pyramid fund which is meant for on-lending to individuals, groups or cooperatives. In the past 4 years, over 2000 customers have benefited from the ‘Bottom of Pyramid’ fund covering micro entrepreneurs, individuals as well as schools.