Maxitrust Microfinance Bank Ltd, one of the innovation-driven micro lenders in the country, has inaugurated a flagship funding package – MAXI-WASH.
Its Managing Director, Alhaji Idris Abdullahi, said the package was developed in partnership with global water access nonprofit, Water.org. a global water access nonprofit organisation and the National Association of Microfinance Banks (NAMB)
He explained that the initiative was a demonstration of the bank’s commitment to health dignity, and sustainable living.
He said that it was a financial product aimed at expanding access to clean water, sanitation, and hygiene across the country.
The managing director said that the product’s launch marked a significant milestone in the MFB’s journey toward inclusive finance with social impact.
He said that MAXI-WASH was more than a loan product.
“It is a commitment to health, dignity, and sustainable living.
“Through this product, we are empowering households, schools, markets and communities to access clean water, build modern toilets, water storage systems and hand-washing facilities.
“This is to improve hygiene standards in line with Sustainable Development Goal 6 (Clean Water and Sanitation).
“Our partnership with Water.org and NAMB underscores the power of collaboration in addressing real human needs,” he said.
He said that by combining access to finance with access to safe water and sanitation, the MfB was helping to build healthier communities and a more productive environment.
He thanked the board chairman, Ugo Ejim, and members of the board for their visionary leadership, while commending NAMB and Water.org for their technical support.
Abdullahi urged customers of the bank to take advantage of the introduction of MAXI-WASH as a tool for transforming lives, homes and businesses.
The Board Chairman, Ugo Ejim, said that the event was a demonstration of how finance could be used as a tool for social transformation.
According to him, MAXI-WASH will extend financial access to promote clean water, improved sanitation and better hygiene: the essentials of human dignity and sustainable living.
“At Maxitrust our board remains committed to products and partnerships that create real impact in people’s lives.
“MAXI-WASH reflects our strategic vision of combining innovation, inclusion and community development,” he said.
The National Treasurer of NAMB, Mr Mohammed Idris, described the association’s partnership with Maxitrust MfB and Water.org on the product launch as desirable for improving Nigeria’s healthcare and hygiene system.
Idris said that the collaborative effort was a right step towards building systems that would eradicate the menace of open defecation and provide quality and affordable water supply and improve healthy and quality lifestyle for Nigerians.
Gilbert Okopon, the Senior Partnership Account Officer of Water.org, said that the MAXI WASH Loan product by Maxitrust MFB was poised to break financial barriers.
Okopon said that it would enable families to invest in health, dignity, and a better future.
“Access to safe water and hygiene is not a luxury but a right. Together, we are building a future where safe water and sanitation are within everyone’s reach,” he said.