To further ensure that both the unbanked and under-banked have access to financial services, Advans La Fayette Microfinance Bank has initiated a micro-health insurance product and education loan.
The health insurance product is designed to ensure existing and prospective clients have access to high-quality and affordable health care services, while the education loan is designed to provide working and investment capital for school owners and to assist parents in paying their children’s school fees with ease.
The Managing Director/Chief Executive Officer, Advans La Fayette, Gaetan Debuchy, said: “There are millions of Nigerians yet to tap into the immense benefits of health insurance. This plan will open a viable avenue for some of these people to come under the health insurance coverage, enabling them to sign up for one of the many health management organisations accommodated in the scheme.”
Debuchy, who also commented on the firm’s recognition as the Most Innovative Microfinance Bank in Nigeria in the Global Brands Magazine and World Economic Magazine Awards 2022, said: “We are excited to win these awards. It further validates an innovative approach to providing customer-centric, affordable and transparent financial service”.
