User:Jide George/sandbox
Submission declined on 11 October 2024 by KylieTastic (talk). This submission is not adequately supported by reliable sources. Reliable sources are required so that information can be verified. If you need help with referencing, please see Referencing for beginners and Citing sources. This draft's references do not show that the subject qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are:
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
|
Konto Group PLC is a financial services company based in Nigeria, focusing on providing financial access to underserved communities. The company was established to address the gap between formal financial institutions and individuals in remote and low-income areas. Konto Group offers a range of financial services through various divisions, including agency banking, micro-finance, micro-insurance, and bridge financing.
Agency Banking
[edit]Konto Group operates a network of over 5,000 agents across Nigeria, offering basic financial services such as deposits, withdrawals, bill payments, and account openings. The agency banking initiative seeks to promote financial inclusion by extending banking services to communities that are not adequately served by traditional banks, particularly in rural and remote regions.
Microfinance
[edit]The company provides micro-loans and savings products, targeting individuals and small businesses that may not have access to conventional banking services. These services are intended to support entrepreneurship and financial independence by offering capital and savings options to those with limited access to formal financial institutions.
Micro-insurance
[edit]Konto Group offers a range of affordable insurance products, including health, life, and property insurance. These micro-insurance services aim to provide financial protection to individuals and small businesses that are typically unable to access conventional insurance policies.
Bridge Financing
[edit]The company also provides short-term financial solutions for small and medium-sized enterprises (SMEs), including working capital loans, invoice financing, and project financing. These services are designed to help businesses address liquidity challenges and maintain operational stability.
Mission
[edit]Konto Group's mission is to improve financial inclusion in Nigeria by offering accessible financial services to underserved populations. The company aims to empower low-income individuals, small businesses, and communities through enhanced access to financial resources.
References
[edit]- ^ https://www.weforum.org/agenda/2024/09/microfinance-is-empowering-underserved-communities-in-the-gcc/
- ^ Bassey, Hogan; Inuwa, Fagge; Nkechinyere, Ukeje (2015-09-01). "Financial inclusion and growth of the banking system in Nigeria". CBN Bullion. 39 (1).
- ^ Eromosele, Tomi (December 2021). "Deepening the Nigerian Financial System: The Role of Financial Inclusion and Innovative Financing Options" (PDF). The Quarterly Journal of Economics, 120(1), Pp.173-222. 36 (34): 10 – via NDIC Quarterly.
- ^ "Revised Policy Recommendations to Address Structural Vulnerabilities from Liquidity Mismatch in Open-Ended Funds". Financial Stability Board. 2023-12-20. Retrieved 2024-09-24.