Leading Microfinance Bank in Lagos

Your First Choice for Microfinance

  • Savings
  • Loans
  • Services

DavoDani Microfinance Bank Lagos

We guarantee prosperity and financial freedom

DavoDani Microfinance Bank Lagos is a product of the buy-over of a defunct unit MFB incorporated in 2008. In 2014, new owners led by Prince Austin Enajemo-Isire acquired the unit-licensed MFB and changed the name to DavoDani Microfinance Bank Limited Lagos and continued as a unit MFB. After a process of rebirth, turnaround, and recapitalization, the bank grew its depleted operating capital of N5.4m due to losses at the time of acquisition, to N100m in 2015.
In 2015, the bank sought and obtained approval from the Central Bank of Nigeria (CBN) to convert from unit to state-licensed MFB status, which was granted in May 2016. The bank has evolved and grown its shareholders fund to well over Two billion naira (N2B) and a total asset base of about Eight billion naira (8B) in 2023, operating from 11 strategic business locations in Lagos state.
DDMFB has since rebranded with a new corporate identity and boasts of seasoned and distinguished professionals from diverse backgrounds in the Executive Management team. The bank is driven by a board of directors comprising renowned and well-experienced professionals with different backgrounds, experiences, skills, and competencies both in the private and public sector; providing continuous robust oversight functions to management for the growth and development of the bank.
DavoDani Microfinance Bank Lagos has fully complied with the current regulatory minimum capital regime of One billion naira as prescribed by the Central Bank of Nigeria as of April, 2022.


To uphold high ethical standards, integrity and reliability.

Customer Focus

We first understand our customers’ needs and expectations.

How Much Do You Need?

NGN1000 NGN5000000
1 Months 12 Months

Pay Monthly NGN

Term of Use Months

Total Pay Back NGN

Apply For Loan

What We’re Offering

Our Services

Save and Win

This is a tenure deposit with minimum tenure of 30 days and maximum tenure of 360 days.

Target Savings

As the name implies, this product is intended to provide entrepreneurs means to achieve a set goal.

Traditional Savings

This product enables the account holder to save for the rainy days depending on individual capacity.


Get to Know About

DavoDani MFB Offerings

DavoDani Microfinance Bank guarantees you prosperity and financial freedom by helping you do more in your business with its loan offerings and services. We promote and encourage saving culture in line with our business strategy. Our aim is to help you transform your financial life by providing you with unhindered access to sustainable wealth.

Our Vision

To be an exceptional leader in the provision of microfinance and other financial services on a sustainable basis to assist our clients achieve financial freedom.

Our Mission

An MFB founded on trust, integrity and customer focus, aimed at empowering micro, small and medium entrepreneur through unhindered access to finance.

Core Values

At DavoDani MFB, our core values of integrity, innovation, customer focus, teamwork and respect distinguish us as an exceptional player and a leading MFB in Nigeria.

Trusted Company

Our Communication

Loans in Lagos, Micro Loans, Salary, No 1 Microfinance Bank

Our communication strategies are designed to present mutual respect to all. Clients empowerment is at the core of our operations and we treat our customers and colleagues with respect.

No 1 Microfinance in Lagos

DDMFB Testimonials

Customers Testimonials

when I was first approached, I was not sure of their swift response to loan until I requested for a loan and I got the money in the shortest possible time. I am amazed at the swift response. I secured the business I wanted the money for. Thank you DDMFB.

Mr. Uchenna Valentine

Mr. Uchenna Valentine

DDMFB has really helped me in securing businesses, grow my turnover and so increased my profitability. Indeed, with DDMFB, I am prosperous.

Mrs. Adeyileka, Margret Arinola

Mrs. Adeyileka, Margret Arinola

I opened target savings account with DDMFB, by the time the money was completed, the interest I got was encouraging. Also, I requested for a loan to top up my goods and it was disbursed immediately with necessary documents presented. DDMFB is really fast and reliable.

Mrs. Mordi Nkiruka

Mrs. Mordi Nkiruka

9 years in business and still counting

DavoDani Microfinance BankHome

Our Benefits

Why Choose DDMFB?

Customer empowerment is at the core of our operations and we treat our customers and colleagues with respect.

We are structured to guarantee excellent service delivery to our customers in the most effective and efficient manner. 

We first understand our customers’ need and expectation and then satisfy them with the desired products and services.








Approved Loans request


Min Monthly Disbursement


Staff Members


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