The Nigerian Consumer Credit Corporation (CREDICORP) is a Development Finance Institution (DFI) of the Federal Government of Nigeria, established with one mandate: to democratise access to consumer credit for Nigeria’s working population. We achieve our mandate via three pillars:
- Infrastructure: strengthening Nigeria’s consumer credit infrastructure, also ensuring every economically active citizen has a comprehensive credit score. This score becomes personal equity they build, facilitating access to consumer credit.
- Capital: providing wholesale funding and credit guarantees to Financial Institutions committed to expanding consumer credit access today.
- Cultural Re-orientation of the public (on responsible consumer credit as a pathway to a higher quality of life) and institutions (on effective consumer credit underwriting as a path to growth).
For more info visit www.credicorp.ng