A new innovative product that provides value, safety, liquidity, and a financial return through social lending and impact investments in Microfinance banks, that are empowering marginalized populations!
Lend to Nigerian Microfinance banks for 30 to 365 days at rates higher than Commercial bank fixed deposit rates. Receive Federal Government of Nigeria treasury bills as collateral against your Investments!
e-Link Markets presents, Collaterised Asset Backed Notes (CABN), a type of repurchase agreement or REPO, that involves you the investor purchasing today, FGN Treasury bills from a Microfinance bank at an agreed purchase price. In exchange for the use of your funds the bank will pay you an interest rate. At a future date the bank agrees to repurchase the collateral assets at an amount higher than the purchase price.
The difference in the repurchase price and purchase price is your investment return (i.e):
Investment return = Repurchase price - Purchase price
And it is equivalent to the product of the purchase price and the interest rate (i.e.):
Investment return = Interest rate × Purchase price
e-Link Markets is a REPO conduit that has been approved by the Central Bank of Nigeria to facilitate these transactions for Microfinance Banks. We have nominated a top A-rated deposit money bank, the United Bank of Africa (UBA) as the settlement agent and custodian of all assets. All transactions are settled via Investor and MFB accounts at the custodian.