Trusted by thousands across Lagos
Logo Wall
Case Study Gallery
Adeola's Fabric Shop: From struggling to thriving
Challenge
Adeola ran a fabric shop in Yaba market but couldn't access traditional bank loans due to lack of collateral. She needed ₦150,000 to restock inventory during peak wedding season but was turned away by three banks.
Solution
MicroBank Lagos approved Adeola's loan application in under 2 hours using her sales history and community references. She received funds the same day and restocked her shop with premium fabrics.
Results
Adeola's revenue increased by 240% during the season. She repaid her loan early and has since taken two more loans to expand her product line. She now employs two assistants and serves customers across Lagos.
Chidi's Transport Business: Scaling with confidence
Challenge
Chidi operated two danfo buses but wanted to add a third vehicle to his fleet. Traditional banks required 40% down payment and months of paperwork. He was losing contracts to larger operators.
Solution
MicroBank Lagos structured a flexible vehicle financing plan with 15% down and weekly repayments aligned to his cash flow. The approval process took 3 days, and funds were disbursed directly to the dealer.
Results
Chidi purchased his third bus and increased his weekly income by 65%. Within 18 months, he added two more vehicles. His transport business now serves five routes and employs eight drivers across Lagos.
Blessing's Catering Service: Emergency funding when it mattered
Challenge
Blessing received a last-minute order for a 300-person corporate event but her equipment broke down. She needed ₦80,000 immediately to rent industrial cookers and freezers or lose the ₦450,000 contract.
Solution
Blessing applied through the MicroBank Lagos mobile app at 9 PM. Her loan was approved by 10 AM the next morning, and funds hit her account by noon—in time to secure the rental equipment.
Results
Blessing successfully catered the event and earned ₦280,000 profit. The client became a repeat customer, booking her for six more events. She has since purchased her own equipment using a MicroBank equipment loan.
Emeka's Electronics Repair: Building credit from zero
Challenge
Emeka was a skilled phone and laptop technician but had no formal credit history. He needed ₦50,000 for diagnostic tools and spare parts inventory but couldn't prove creditworthiness to traditional lenders.
Solution
MicroBank Lagos used alternative data—his apprenticeship certificates, customer testimonials, and mobile money transaction history—to approve a starter loan with a credit-building component.
Results
Emeka repaid his first loan in 4 months and built a credit score. He qualified for a ₦200,000 loan to open a second repair shop. His business now repairs 40+ devices weekly and he mentors three apprentices.
Customer Spotlight
Expanded from one food stall to three locations across Surulere using MicroBank working capital loans. Now serves 200+ customers daily and employs six staff members.
Co-working space that secured equipment financing to add 30 workstations. MicroBank's flexible repayment terms aligned perfectly with their membership revenue model.
Fashion designer who used inventory financing to stock materials for Lagos Fashion Week. The exposure led to international orders and 300% revenue growth in six months.
Community pharmacy that expanded inventory and added a consultation room with a MicroBank business loan. Now serves 150 families weekly with essential medications.
Licensed childcare provider who renovated her facility and purchased educational materials. Enrollment doubled from 12 to 25 children within one year of MicroBank support.
Upgraded from manual to digital printing equipment with asset financing. Turnaround time dropped by 60% and the business now handles corporate contracts worth millions monthly.
Results our clients report
Adeola's Fabric Shop
240%
Revenue increase during first season after loan approval
Chidi's Transport
5 routes
Now operating across Lagos with eight employed drivers
Blessing's Catering
₦280K
Profit from emergency-funded event that became repeat business
Emeka's Electronics
40+ devices
Repaired weekly after expanding with credit-building loan
Mama Ngozi's Kitchen
3 locations
Expanded from single stall using working capital financing
Funmi's Fashion House
300%
Revenue growth in six months after Lagos Fashion Week exposure