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Apex Bank and RRVCP Train Farmers on Shariah-Compliant Products.

News, News & Insight

In collaboration with the Regional Rice Value Chain Project (RRVCP), Apex Bank concluded a training workshop on Islamic microfinance from May 28 – 30, 2025 in Bo. The workshop equipped farmers and stakeholders with skills in:

Agribusiness finance
Islamic financial literacy
Value chain-specific microloans
The initiative is backed by the Islamic Development Bank (IsDB) to provide ethical, non-interest loans tailored to Sierra Leone’s rice farming regions Torma Bum, Mambolo, and Samu.

Facilitated by Inclusive Resource Management (IRM), the training also focused on building RFI capacity to develop simplified Islamic products for their communities. This is a landmark step toward sustainable and inclusive financial services in line with Islamic principles.

    1. We Are Here To:
      Enhance financial inclusion in rural and underserved communities
      Expand access to finance for agribusinesses and MSMEs
      Strengthen agricultural value chains

    1. We Have:
      Deep last-mile presence
      Strong focus on underserved and marginalized groups
      Undisputed market leadership in rural finance
      Over 80 RFI business outlets nationwide
      Community ownership and governance
      A resilient financial backbone for rural economies

    1. We Give Out:
      Start-up loans for youth and women
      Village group lending (Business Circles)
      Asset-based financing (leasing & hire purchase)
      Savings-linked loans
      Shariah-compliant MSME financing

    1. We Support Farmers With:
      Agricultural input financing
      Green loans for women and youth
      Equipment leasing
      Out-grower schemes
      Post-harvest financing
      Livestock loans

    1. The Only Islamic Microfinance Player in Sierra Leone
      Offering:

Murabaha – Asset purchase
Mudarabah – Profit-sharing for agro-enterprises
Qard Hassan – Benevolent loans for the ultra-poor
ISLAMIC MICROFINANCE INNOVATION IN AGRICULTURE

📞 For More Information
Contact:
📱 +232 78 488332 / +232 90 332919

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