POSTS
PORTFOLIO
SEARCH
SHOP
KM 8 Airport Road FCT Abuja Nigeria +234 (0) 7040448861
Our Services

Investment & Savings Schemes
  • Business Start-up Loans

  • Restocking and Working Capital Finance

  • Contract and Project Finance

  • Other Specialised loans

Loans & Advances
  • Group investments

  • Business Start-up Savings Accounts

  • Other Target Savings Accounts

  • Regular Savings Accounts

  • Investments in Tenored Funds

Other Business Support Services
  • Business Development, feasibility analysis and planning services

  • Financial literacy and advisory services

  • Support in establishing and maintaining business records

  • Women empowerment and skills acquisition programmes

  • Other business support services

What We Offer

Loans & Advances

Business Start-up Loans

  • Suitable for paid workers or other people intending to start a business

  • May cover some of the cost of business premises, equipment, working capital and other start up costs

  • Subject to 30% equity contribution

  • 6 months to 1 year duration

Restocking and Working Capital Finance

  • Suitable for people whose businesses are already in operation

  • This product can also be used to finance distributorship allocations

  • To cover the purchase of goods in store or other business overheads

  • Short term loan. 30 to 60 day duration

Contract and Project Finance

  • This facility is geared towards supporting members to execute contracts awarded by confirmed third parties for supplies, construction and other services

  • The loan is for short term durations of a maximum of 90 days

  • Repayment is expected primarily from the proceeds of the contract

  • Domiciliation of contract proceeds required as part of the collateral

Other Specialised loans

  • These are tailored loans to meet specific needs of individual members

  • Terms and conditions may depend on the nature of the loan request and transaction to be financed

Investment & Savings Schemes

Group investments

  • The Cooperative may engage in a number of enterprises for the mutual benefit of members

  • Investments may include housing, oil and gas, manufacturing, trading, or other forms of production and distribution of goods or the delivery of other services

  • Investment decisions are by the general consensus of members or by the proxy if the Executive Committee

  • Surpluses from this and other activities are divided among members according to their contribution

Business Start-up Savings Accounts

  • This is a target savings programme for individuals intending to start a new business

  • It entitles the saver to access start up loans if needed

  • A minimum saving period of 6 months is require

  • Interest is paid at a rate above normal savings

Other Target Savings Accounts

  • Members can save towards specific needs such as fees, residential/business rent, holidays and other targets.

  • Subscribers save at regular intervals for a minimum and fixed duration

  • Emergency withdrawals are permissible at not costs or penalties

  • Concessionary interest rates apply

Regular Savings Accounts

  • This is a standard saving plan

  • The saver can withdraw and deposit funds at any time

  • Interest rates are competitive

Investments in Tenored Funds

  • These are fixed deposit investments

  • Funds are invested at agreed durations and interest rates

  • Our interest rates are very competitive

  • The investment can be broken before maturity at the request of the investor

  • Funds are invested for any period between 30 and 360 days

Other Business Support Services

Our business support services include

  • Business Development, feasibility analysis and planning services

  • Financial literacy and advisory services

  • Support in establishing and maintaining business records

  • Women empowerment and skills acquisition programmes

  • Other business support services