First Liberian Microfinance, Inc. Receives Provisional License from the Central Bank of Liberia
Monrovia, Liberia | June 29, 2026
First Liberian Microfinance, Inc. (FLMfi) is pleased to announce a significant milestone in its journey toward advancing financial inclusion in Liberia. The institution has officially received a Provisional License from the Central Bank of Liberia (CBL), authorizing it to operate as a Non-Bank Credit-Only Microfinance Institution (NBCO-MFI).
The provisional license, granted on June 29, 2026, follows the successful fulfillment of the regulatory requirements prescribed by the Central Bank of Liberia. This achievement marks an important step toward the establishment of a strong, transparent, and professionally managed microfinance institution committed to serving individuals, entrepreneurs, and underserved communities across the country.
With the provisional license, First Liberian Microfinance, Inc. is now legally authorized to conduct microfinance business in Liberia within the scope permitted under the NBCO-MFI regulatory framework. The institution will provide responsible credit services designed to promote entrepreneurship, support small businesses, create employment opportunities, and improve household livelihoods.
Speaking on the achievement, the management of First Liberian Microfinance, Inc. described the issuance of the provisional license as a testament to the institution’s unwavering commitment to regulatory compliance, sound corporate governance, and operational excellence.
“Receiving the provisional license is a defining moment in the history of our institution. It reflects our dedication to meeting the standards established by the Central Bank of Liberia and brings us one step closer to realizing our vision of expanding access to quality financial services for low-income and underserved Liberians. We remain fully committed to fulfilling all remaining licensing requirements necessary to obtain our final operating license.”
The institution reaffirmed that it will continue working diligently with the Central Bank of Liberia to satisfy all outstanding regulatory conditions required for the issuance of a final license. Once fully licensed, First Liberian Microfinance, Inc. will further expand its services and strengthen its contribution to Liberia’s financial sector and national development.
Guided by its mission, First Liberian Microfinance, Inc. seeks to provide innovative, sustainable, and client-centric financial services that empower individuals and businesses while improving the quality of life for low-income and underserved populations. Beyond providing credit, the institution is committed to building long-term relationships with its clients through financial literacy education, responsible lending practices, and personalized financial solutions that foster economic resilience and growth.
The institution believes that inclusive financial services are essential to reducing poverty, promoting entrepreneurship, and stimulating sustainable economic development throughout Liberia. Through strategic partnerships, ethical business practices, and a customer-focused
approach, First Liberian Microfinance, Inc. aims to become a trusted partner in transforming lives and strengthening communities.
As First Liberian Microfinance, Inc. embarks on this exciting new chapter, the Board of Directors, Management, and Staff extend their sincere appreciation to the Central Bank of Liberia, stakeholders, partners, and well-wishers whose guidance, confidence, and support have contributed to this important achievement.
The institution looks forward to serving Liberians with integrity, professionalism, and excellence while continuing to advance financial inclusion and sustainable economic empowerment across the nation.
About First Liberian Microfinance, Inc.
First Liberian Microfinance, Inc. is a licensed Non-Bank Credit-Only Microfinance Institution operating under the regulatory oversight of the Central Bank of Liberia. The institution is committed to expanding access to responsible financial services through innovative lending solutions, financial literacy, and customer-focused products that empower individuals, entrepreneurs, and underserved communities to achieve sustainable economic growth.