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SYTIAMO is Nigeria’s number one non-bank microlending institution with the aim of empowering one million traders through micro-credit and creating monetary value for all stakeholders.

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At Sytiamo, we are a committed team devoted to transforming our communities through micro-credit to women at the bottom of the economic pyramid. We exist to elevate women at the bottom of the economic pyramid through micro-credit. While we have made great strides in our effort to elevate women at the bottom of the economic pyramid, we still have a lot to accomplish. Our offerings are as follows:

Micro Lending

We disburse loans of between N20, 000 – N100, 000 to these hardworking market women in various markets across Nigeria to improve and expand their businesses.

Consultancy

We are using our platform to advance the cause of market women and the economically disadvantaged. We consult governments, banks, and foundations.

Capacity Building

This involves adequate financial literacy training, loan management training, accounting, personal finance management, savings and business strategies.

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We trail after Yetunde, a Field Officer for Sytiamo Technology, on a pathway sprinkled with old periwinkle shells and semi-shaded by market stalls. Several traders call out to her on our short trek through the market.

She exchanges friendly banter with some and hugs with others – every interaction underpinned by each trader’s genuine excitement to see her. It is a curious sight, even more so when Yetunde informs us that this is not her loan collection day.

One might think her presence might inspire anxiety from the traders, but there was none; only a quiet camaraderie as many invite her to linger by their stalls.

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“We try our best to build good relationships with them”, Yetunde says to us over her shoulder, as we make our way to the stall of our first interviewee.

“As it is we have very few issues with non-repayment of the loans. Most of our people are excited to pay back because it helps them build trust with us which will enable them receive larger loans.”

Her words echo those of the CEO and co-founder of Sytiamo, Michael Ogbaa, whom we spoke to a couple of days prior. Sytiamo is a committed team devoted to transforming our communities through microcredit to women at the bottom of the economic pyramid. Featured Image Source: Sytiamo

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