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Whitecrust Finance disburses loans to 16,000 civil servants

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Whitecrust Finance disburses loans to 16,000 civil servants

Whitecrust Finance Company says it provided loans to no fewer than 16,000 civil servants, small businesses, and individuals across the country within the last two years.

Mr Kingsley Eremionkhale, Managing Director, company, disclosed this to newsmen on Monday in Lagos.

Eremionkhale, described the development as a major milestone in the company’s mission to empower Nigerians.

He said the milestone reflected the company’s commitment to financial inclusion and its resolve to support underserved groups such as civil servants, women, youths, and the elderly.

He said, “We have seen first-hand the incredible resilience of our people, especially civil servants, who are the economy’s backbone; the entrepreneurial drive of our women and youths, and the wisdom of our elderly who continue to contribute to our society.

“Our mission is to meet these groups where they are, understand their unique challenges, and provide simple, flexible financial products that are tailored for them.

“This milestone of empowering 16,000 individuals in two years is more than a number; it is a testament to our commitment to building a more inclusive and equitable economy.

“We are proud to be a partner in their journey to success and will continue to work tirelessly to extend our reach across Nigeria and Africa at large.”

Eremionkhale noted that obtaining a licence from the Central Bank of Nigeria (CBN) had further strengthened the company’s operations.

According to him, some of the firm’s financial products included Term Investment, Hiyield Investment Coupon, Fixed Term Investment, Senior Citizen Investment, and Target Investments such as Relief, Early Starters, and Vacay.

Whitecrust Finance is a subsidiary of Whitecrust Investment Ltd., which provides loans, business advisory, and investment solutions aimed at empowering individuals and small and medium enterprises (SMEs).

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