The Company
Stalak Industries Limited (SIL) established in November 1999 is a non–bank financial institution, committed to eradicating poverty by means of empowering low–income individuals. SIL is a thrift collection company that operates on the traditional savings and credit model (Esusu) where customers make small deposits of funds daily.
About Us
Our mission is to help the bottom of the pyramid population in Nigeria build assets, create jobs and raise their standard of living. This is achieved by providing financial services such as micro-loans, child support, rental assistance to individuals who need it with minimal collateral requirements.
Board of Directors
The board of directors are responsible for managing the company’s affairs. They meet regularly to discuss reviews and reports on the business and plans of the Company. The board consists of four members elected by the shareholders.
