ACTB Savings & Loans Limited
Established in 2008, ACTB focuses on poverty alleviation through microfinance and SME lending with a loan book in excess of US$5 million as of September 2018. ACTB currently has 17,300 active clients with an average loan size of approximately US$290. 73% of the clientele are female.
ACTB is headquartered in the capital, Freetown, with nine urban and rural branches operating in eight districts located throughout the country. ACTB recently launched a micro-savings service having been granted its deposit taking license in May 2017 by the Central Bank of Sierra Leone. This is the first transition of a credit-only MFI to a deposit taking MFI in Sierra Leone.
ACTB has an entirely locally run management team, with 123 staff including 55 loan officers across nine branch offices in Sierra Leone.