BA Finance Disburses N20 Billion to Nigerian SMEs

BA Finance, a member of the BA Group ecosystem, has announced a landmark achievement of disbursing over N20 billion in loans to small and medium enterprises (SMEs) in Nigeria. This milestone reinforces BA Finance's position as a transformative force in addressing Nigeria's persistent credit gap and driving inclusive economic growth.

The disbursement, completed within a year, reflects an unprecedented pace of financial inclusion, enabling thousands of micro, small, and medium enterprises (MSMEs) to access critical growth capital. Adnan Kayod, Managing Director and CEO of BA Finance, emphasized that this achievement is a testament to the belief that MSMEs are true drivers of structural economic growth in Nigeria.

The company has also mobilized N2 billion through its Series 1 private note issuance, signaling strong institutional investor confidence in its business model. The loan portfolio spans multiple sectors, including FMCG, agriculture, real estate, and manufacturing, with a focus on providing flexible repayment structures and transparent pricing to support underserved markets.