HumanManager Partners with MIGO to Provide Instant Loans to Employees

HumanManager Limited (HML), Africa’s leading human resources management organisation, has teamed up with MIGO, a prominent nano-lending company, to offer employees easy and quick access to loans.

This partnership aims to empower staff members by providing them with better financial flexibility, preparedness for emergencies, and an improved quality of life. Through the seamless integration of MIGO’s lending services, employees on the HML platform can easily address their financial needs, eliminating the usual challenges associated with loan applications.

Employees now have the opportunity to secure loans of up to 30% of their net salary at a fixed interest rate of 9%. The repayment is scheduled for their subsequent salary.

Adekunbi Ademiluyi, the Managing Director of HML, explained at a press conference that this collaboration with MIGO aligns with the organization’s overall vision. It demonstrates their commitment to providing a simple, flexible, and innovative one-stop solution for human resources needs across organizations of all sizes.

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“We are delighted about our partnership with MIGO,” Ademiluyi said. “It is a significant step towards improving the financial well-being of staff utilizing our platform. Through this collaboration, our goal is not only to enhance staff productivity but also to facilitate easy access to prompt, secure, and discreet financial support. We want to enable employees to address their financial needs without compromising their privacy and security.”

Similarly, John Obaro, the Group Managing Director of SystemSpecs Holdings, highlighted the importance of expanding access to credit and other financial services, as seen internationally. He stated that the lack of tailored credit products can lead to financial exclusion.

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Winston Osuchukwu, the Managing Director and Vice President of MIGO Nigeria, expressed enthusiasm for the partnership. He noted that hardworking employees have historically faced difficulties in accessing suitable financial services due to poor data organization.

However, he emphasized that MIGO’s mission is to make credit available to everyone through proper data organization, closing financial gaps, and positively influencing the financial lives of more people. The partnership with HumanManager Limited aims to offer this opportunity to employees and others who utilize the platform.

HumanManager is known for its commitment to constant innovation in order to improve employee-employer relationships and enhance overall work efficiency. This financial service offering is just one addition to their existing range of innovative HR solutions, including Payroll Management, Staff Record and Performance Management, among others.