Financial Inclusion is a continuous Journey, not a Destination
Ugo Aliogo
The Chief Executive Officer, Accion Microfinance Bank, Taiwo Joda has stated that financial inclusion is about providing access to affordable and convenient financial services to every individual, regardless of socio-economic status.
He remarked that Accion Microfinance Bank’s commitment to this noble cause is unwavering, with a mission to economically empower micro-entrepreneurs and low-income earners sustainably, ethically, and profitably.
Joda, who disclosed this virtually at the Annual Accion Microfinance Bank Financial Inclusion Seminar, noted that their approach hinges on leveraging digital literacy, products, and services to harness the transformative power of the digital revolution, adding that steps taken include enhancing digital literacy, introducing a range of digital products and services, and forming Fintech partnerships for innovative solutions.
He remarked that the impact of their efforts is evident in the positive transformation of lives, noting that they are looking forward, and remained committed to being a market leader in microfinance, investing in technology and innovation to stay at the forefront of financial inclusion efforts.
He added: “Accion Microfinance Bank, with over 16 years of empowering businesses and transforming lives, plays a pivotal role in this journey. Our objectives are twofold: firstly, to inspire innovation by sharing practical knowledge gained during our decade of operations, and secondly, to foster collaborative learning for influencing policies, particularly in the responsible provision of digital financial products and services.
“Financial inclusion is a continuous journey, not a destination. While we are proud of the progress made, we recognize that there is much work ahead. Driven by our mission, inspired by our customers, and guided by the belief that financial inclusion is not just our responsibility but our privilege, we are poised for the challenges and opportunities that lie ahead.”
