Your way of life + our app + digitized education = Simple banking.
Fara aids millions of underserved people in low income communities enjoy seamless digital banking experience. Our approach is embedded in understanding our clients CULTURE, providing them the right financial EDUCATION and utilizing TECHNOLOGY to help them grow and increase wealth.
HOW IT WORKS
Open an account
Register your account in 2 minutes.
Enter all KYC requirement
Tell us a few details about you to help us create the best experience for you.
Start banking
You can now enjoy digital banking on the go. Carry out all your financial needs within the app, from deposits to vault savings, loan applications, insurance and bill payments.
Features
Our unique infrastructure, is the ultimate starter pack for the underserved. Our hybrid banking engine provides you with the right products to create, grow and preserve wealth in your own way.
Smart Savings
Enjoy competitive returns on your vault savings plan
You earn in both ways, Saving plan for yourself or for others. Earn up to 15% interest per annum when you save with Fara.
Start Saving
Pensions
Make plans for your retirement.
Our Fara micro-pension help you meet future financial needs. With this type of account, you insure your savings and earn compounding returns.
Get Started
Micro loans
We make access to micro credits simple and easy.
Our loans operate within strict affordability limits based on data. Apply 24/7 and receive funds in your Fara account.
Transfer
Fara Insurance
Access to health insurance
Take the worry off yourself, insure yourself and loved ones. Fara has partnered with leading insurance institutions to provide you access to health insurance in the case of hospitalization.
Get Started
Become an ambassador in your community with Fara.
Blogs
Our banking engine provides you with all the management, monitoring, transaction control
See more
July 2021
Why Your Loan Application Was Rejected
Have you ever felt discouraged because your business loan application was turned down? In reality, business loans....
See more
July 2021
Keeping Records As Business Owners
Mama Jollof operates in the informal sector, selling cooked foods and doesn't keep records of her sales and expenses. Hence, we cannot measure her growth ....
See more
July 2021
How To Get Started On Fara, Even As A POS Agent
Are you looking to grow your businesses and increase the number of services you offer at your POS shop? ....