Yami is a fintech company with unique ideologies for money lending.
Official Cooperative & financial partner for the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN)
The Company
‘Yami’ is derived from a Yoruba word which means ‘ lend me’. It is a financial institution that has made access to fund easier at a very low interest rate for agents.
One of the major problems of Mobile Money and Bank Agents is the dearth of Finance houses and banks with loan facilities that best suit their business.
Mobile Money and Bank Agents are not enlisted among the sector and Industries the banks can lend to. It is, therefore, soothing to have, for the first time, an outfit with a well-tailored loan facility for Mobile Money and agency Banking.
Yami.ng collaborates with AMMBAN and has begun piloting with agents in Lagos and Ogun States since 2019. Access to Yami loan is strictly by membership and other factors as agreed by the leadership of AMMBAN.
Yami loans are disbursed weekly and monthly, and it has proven to be a reliable and cheapest means of funding for mobile money and bank agents who are members of AMMBAN.
Yami recognizes the role of aggregators in the entire DFS ecosystem; that’s why we have dedicated products to enable aggregators to earn huge returns in our product cycle.
Yami takes credit scores very seriously and uses the same to rate performance for access to higher amounts, while defaulters are outrightly blacklisted.
Please note that Yami loan is strictly recommended for float and not for expansion and buying of goods, as no excuse will be entertained from defaulters.