The Managing Director and CEO of Grassroot Microfinance Bank  Limited, kano, Madam Farida Tahir received  the coveted African Community Lifetime Achievement Award,  Saturday at the second edition of The Grassroots African Awards and Conference International  held at De-Rembrandt Hotels and Suites, Ikeja, Lagos, Nigeria.

She received the award  during the ceremony of prestigious Grassroots African Awards International organized by Kalo Africa Media and The Mercy Africa which had as its  theme “ Covid-19 Pandemic: A Call To Rescue Humanity”.

Tahir who was ably represented at the event by Alhaji Tajudeen Sekoni, the immediate past  Managing Director of Albarka Microfinance Bank Limited was elated to receive the award.

“ I feel highly honoured to receive this great award. This will encourage us to continue our unequal quality service delivery in the community banking  to our divergent clientele within various  communities most especially at the grassroots areas.” She said.

Madam Farida who also doubled as one of the Guest Speakers at the event’s conference spoke extensively on the topic “ The Impacts of Covid-19 Pandemic on Microfinance and Small  Business  Environment in Nigeria” emphasized  the urgent need for a collaborative efforts by government and the private sector to rally round and create an enabling environment to safe guide the SME sector which is the bedrock of any economy globally.

“It is important to note that governments at all levels  must be pro-active in supporting the small and medium enterprise in Nigeria in order to protect the sector and the general economy in the face of the covid-19 pandemic which has crippled so many businesses across the world”. She submitted.

At the panel session which discussed “ Engaging African Communities: Reasons Behind The Actions”- a platform through which award recipients could tell their stories to the world, she passionately expressed her interest for the grassroots issue which has always been her concern since her youthful age, having so much to do with  alleviating the sufferings and challenges being experienced within such areas of human existence.

Reacting, Mr. kazeem Balogun,Managing Director of Kalo Africa Media, organizer of the award eulogized, Tahir’s virtues and the pivotal role her organization has been playing at the grassroots communities in terms of loans facilities and general welfarism especially in the Northern part of Nigeria.


Farida Tahir is a graduate of Political Sciences (1998), a seasoned banker with over 20 years of banking experiences, she obtained a post graduate diploma in management (1999) and has acquired a vast experience over the years in various positions in the Mega Banking Operations, Retail, and Commercial Banking from Africa International Bank (AIB), Platinum Bank Limited to Bank PHB Plc (1999 – 2010). She was a recipient of MD/CEO Bank PHB Plc commendation on business development in (2006), and she was a brand ambassador of the bank. 

Afterwards, she resigned to pursue her dream of selfless service to the poor and the economically marginalized group in her community, which culminate her involvement in the microfinance banking system from mid 2010 to date. She joined Grassroot microfinance bank limited as the GM business development & strategy, a position that was responsible for products development and creation of customer base. She became a certified microfinance banker in 2011 by the chartered institute of bankers of Nigeria CIBN. This spurs her desire to obtain more training in various fields in microfinance from both local and international institutions. Following a confirmation of her leadership capabilities, un-relented passion and understanding of the market, she was appointed as the Ag.MD/CEO of the bank in February 2012. Since she assumed this position her ultimate goal was to have a change of focus (based on the pressing demand for Islamic microfinance banking services from the market). An aim that triggered her to acquire a Masters degree in Islamic Banking and Finance from the International Institute of Islamic Banking & Finance (IIIBF, BUK) in Nigeria (2014). She has been the one spearheading the conversion of Grassroot MFB’s banking processes from a conventional based to Non-interest banking system, a process that has been on-going till date. 

Some of her achievements also include – Top Ten most influential women in Islamic Finance (WOMANi Global awards, Kuala Lumpur April 2018), Member, Financial Inclusion State Steering Committee (FISSCO) of the CBN – 2018, Award in recognition of her contributions to youth empowerment by Trusted Northern Youths Awareness 2017, she founded the Association of Islamic Microfinance Banks in Nigeria (AIMBANKS) in October 2016 which got registered in September 2017. Farida successfully coordinated the Management Buy-out (MBO) process which replaced the pioneer promoters/directors of Grassroot MFB with new promoters/directors. After which she worked tirelessly to recapitalize Grassroot MFB to the regulatory standard in 2017. She founded, MIA Cooperative, Credit & Marketing Union 2017, worn ‘’Best rising Islamic microfinance personality’’ (GIMF) Global awards Nairobi, 2016, Trophy of Appreciation for her contributions to the GIMF by Alhuda CIBE 2016, Paper presentation at the 6th Global Islamic microfinance forum, Nairobi 2016. Others include; Letter of Commendation (BOD Grassroot MFB) 2013, a onetime contestant of the state chairmanship of National Association of Microfinance Banks (NAMB), Member of Board of Trustees – New Faces, New Voices – Nigeria 2013, Member, Chattered Institute of Bankers of Nigeria CIBN 2011, Initiator of BankPHB Kano State Poverty Alleviation Scheme 2009, Founder, MIA Development MPCSL 2002 and registered in 2009, Letter of Commendation MD/CEO Bank PHB Plc (2006) among other achievements. 

As a onetime first lady (1999-2003) of a local government community, Farida has been involved in many community development programs that have impacted largely in the lives of her people. Through her NGO (Gamzaki Women & Youth Development of Nigeria), she was involved in several group formations like informal women SHGs, Cooperative societies in her community and other NGOs responsible for financial inclusion of women and youths. She is an advocate of rendering ethical financial services to the poor and marginalized groups in Kano and beyond.



To be a household microfinance bank in Nigeria, providing effective and high quality financial and non-financial services to the rural and urban clientele”


“A microfinance bank consciously striving towards addressing the challenges of MSMEs and Low Income Earners in Nigeria, through the provision of excellent business solutions, to enhance sustainable livelihood”


To provide financial and non-financial services to our target clients

To Provide entrepreneurship capacity building

Provide mentorship for MSMEs

Application of innovative technology in our business process to enhance effective and efficient service delivery

To grow our deposit mobilization and loan portfolio by 25% and 30% respectively per annum from 2012

Build local and international partnerships to access resources for community development.

Financial literacy education


Member, Central Bank of Nigeria Financial Inclusion State Steering Committee (FISSCO) 

Corporate member of the Chartered Institute of Bankers of Nigeria (CIBN)

Member of National Association of Microfinance Banks (NAMB)

Founding member, Association of Islamic Microfinance Banks in Nigeria (AIMBANKS) 

Certified Microfinance management team

80, 000 clients   

40,000 loan clients 

Well tailored products to meet the needs of our clients

Strong Brand in the industry

Bank’s participation in various federal, state and other private intervention programs such as GEEP, N220b MSMEDF, MAFITA etc.

Successful loan disbursement through mobile money channel to traders and artisans within Kano markets 2014

Successful collaboration with DFID (GEMS 3) in 2015 to disburse funds to women farmers in Serina town of Garko LGA of Kano (meat & leather) enterprises. The bank recorded 100% recovery rate 

Best pensioners friendly bank award of recognition by National Union of Pensioners – Kano chapter

Trophy of appreciation by the Amalgamated Traders Association (AMATA) Kano state for services rendered across the 10 major markets in Kano 

Best microfinance bank 1st prize 2014 by Central Bank of Nigeria Kano branch 

Dependable ally award 2017, by Tijarah Microfinance Bank (1st Licenced Islamic Microfinance Bank in Nigeria) 

Leave a Reply

Your email address will not be published. Required fields are marked *