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(opens in a new tab)Cloverleaf MFB
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Go to Website (opens in a new tab)About Cloverleaf MFB
Cloverleaf Microfinance Bank (Cloverleaf MFB) is a Nigerian CBN-licensed Tier 1 microfinance bank that provides digital banking, loans, savings, and financial services to individuals, low-income earners, micro-entrepreneurs, and small businesses. It is based in Lagos and operates as a retail-focused microfinance institution aimed at improving access to credit and everyday banking services. The bank offers services through both physical banking channels and a digital banking app, allowing users to perform transactions, apply for loans, and manage savings remotely. It is regulated by the Central Bank of Nigeria (CBN) and operates under microfinance banking guidelines.
Amount
₦50,000 - ₦8,000,000
Tenor
1 - 24 months
Min. approval time
24 hrs
Countries
Created on
May 2026
Last updated
May 2026
Requirements
The basic requirements to apply for a loan on Cloverleaf MFB include:
- • Valid ID: National ID, driver’s license, or passport.
- • BVN: Required for identity verification and banking compliance.
- • Phone Number: Active mobile number for account registration.
- • Bank Account Details: Needed for transfers and loan disbursement.
- • Proof of Address: Utility bill or similar document in some cases.
- • Employment or Income Proof: Required for certain loan products.
- • Guarantor (for some loans): May be required depending on loan amount.
- • Credit Check: Assessment through credit bureau records before loan approval.Government Issued ID Card (International Passport, National ID, Driver’s License, Validated NIN
How to Apply
To apply for a loan with Cloverleaf MFB, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
Alternatively, you can download the lender's app on Google Play StoreorApple App Store.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
Support Number
+234 70 8870 5248
Website
Facebook Url
