HASAL Microfinance Bank Limited was incorporated in 2003 as RIL-GWARI Community Bank Limited but commenced business as a fully licensed microfinance bank on October 2, 2008 with a shareholders fund in excess of N300 million. The bank is wholly owned by private citizens from diverse professional and ethnic divides of Nigeria. The bank received final operating license from the Central Bank of Nigeria on September 4, 2008 and commenced operations in Abuja on October 2, 2008. Its focus is to provide creative solutions to the business problems of people at the bottom of the pyramid who though economically active, have no access to financial services.