About Us
Life Enhancement (Microfinance Institution) is driven with a well-articulated corporate Objective and mandate to:
- Provide any access to microfinance services
- Provide credible micro insurance cover
- Developing and sustaining microenterprise, designed to drive financial inclusion.
As a policy to fast track our financial inclusion drive, about 85% of our business is Rural Community Based, thereby mainstreaming the poor rural households and small businesses into the financial loop by affording them. Financial inclusion is a potent vehicle for economic development, wealth creation, poverty reduction, job creation, enhancing the lives of the rural poor and their standard of living.
Currently, financial transactions are driven by technology. Therefore, to enable Life Enhancement (Microfinance Institution) to achieve her objectives of financial inclusion, increase efficiency, scalability and convenience to her clients, Life Enhancement (Microfinance Institution) has invested heavily in technology
Life Enhancement (Microfinance Institution) is set up to provide a personalized and customer friendly microfinance services in accordance with our strategic objective which is to ENHANCE THE LIFE OF OUR MEMBERS/CLIENTS therefore bringing fulfillment and satisfaction to the lives and businesses of all our stakeholders.
LIFE ENHANCEMENT (Microfinance Institution) is a fully registered incorporated trustee with Corporate Affairs Commission (CAC) with registration Certificate No. CAC/IT/No.93898. LIFE ENHANCEMENT is also a fully certified Microfinance Institution (MFI) and an affiliate of the Association of Non-Bank Microfinance Institution of Nigeria (ANMFIN) in accordance with Central Bank of Nigeria (CBN) revised Microfinance policy with affiliation No. 05/03/061 and certificate No.1347.
As a micro-finance institution, we provide members/clients friendly and hassle free micro-finance services that guarantees optimum satisfaction with our attractive interest rates on deposit and rock bottom interest rates on loans.
Our services covers a wide range of members/client’s base which includes;
- Civil servants
- Private sector employees
- Micro small and medium enterprise (MSME).
To deliver on our mandate LIFE ENHANCEMENT provide superior customer skills, sophisticate back office systems, strong technical skill backed by competent and purpose driven management.
CORPORATE VISION
To be a first rate micro-finance Institution in Nigeria by 2022, growing businesses and driving economic growth through micro-savings, micro-credit, micro-insurance and funds transfer.
CORPORATE MISSION
Daily enhancing the lives of all our stakeholders through the provision of client’s friendly micro-finance services.
PHILOSOPHY/CORPORATE AIM
We are driven by a definite aim of financial inclusion through our micro finance platform. Thereby, providing easily accessible thrift and extension of friendly credit/loan facilities to those who would otherwise remain overlooked by the mainstream banking sector.
ABOUT OUR PRODUCTS AND SERVICES
Providing the poor with access to savings and credit services as a poverty alleviation strategy has gained prominence in the past years. This has resulted from the emergence of models that have shown increasing success in terms of their ability to reach the poor and in sustaining the delivery of financial services. LEM products and services met the need of an active poor person thereby driving financial inclusion. Our products and services ease the stress of going to the banking hall to cue. We bring banking to your door steps, offices, shops, churches etc. Through our different services and products we build and inculcate savings culture in the life of our esteem members.
LEM products and services are Convenient, Accessible and Reliable. So when you think of CAR you think of our products and services.
OUR PRODUCTS AND SERVICES
We have 8 thrift products. That includes but the following;
- DAILY THRIFT
- WEEKLY/MONTHLY THRIFT
- XMAS THRIFT
- LONG TERM THRIFT
- PROJECT THRIFT
- LIFE SAVER TARGET THRIFT
- EDUCATIONAL ENDOWMENT THRIFT
- MEDICAL AND HEALTH SUPPORT THRIFT