Seyi Asagun

Seyi Asagun is a finance executive and the chief executive officer of Entourage Integrated Trust, a Microfinance Institution, a financial institution that provides funds to MSMEs in Nigeria. Quotes It was because I saw opportunities in microcredit. While I was at Oceanic Bank, we got a lot of customers to bank with oceanic bank, but when these customers, many of whom were entrepreneurs, needed funding, there were always issues—either they weren’t qualified or lacked the systems to access such funding. The banks weren’t willing to take unnecessary risks. I saw an opportunity in that, which is why I ventured into finance. Seyi Asagun speaking on why he opted for entrepreneurship Many of these small businesses have integrity, and we work with them on a daily basis, but the banks won’t just give funds based solely on trust. Since we interact with these businesses on a personal level, we know the kind of people they are. I decided to move away from commercial banking, start my own MFI (Microfinance Institution), and bridge the gap by providing SMEs access to funds. There are many people who want to do business but don’t have capital, and many businesses that want to grow but lack funding. Entourage was created to solve capital issues and provide funds for SMEs. We took it a step further by offering loans to the unbanked — those who don’t have access to any form of funding. Seyi Asagun speaking on how his firm can help small businesses grow External links Category:Living people