Afemai MFB was incoporated in December, 1992 as a limited liability company with Registration number  RC 185085. It commenced business in May 1994 as a community Bank and obtained CBN approval for conversion to Microfinance Bank in September, 2007.  It further attained the Operating license for a State Microfinance Bank  in October 2013.

Mission Statement
To be the Engine of growth of Microfinance businesses and Small and Medium Enterprises, SMEs in Afemai land in particular, and Edo State in general.

Vision Statement
To be the best provider of Microfinance Services to Micro businesses and Small & Medium Enterprises, (SMEs) in Afemai land in particular, and Edo State in general.