Revolving Contribution (Ajo/Adashe/Esusu)
This scheme is for interested members; it is usually managed bi-annually on categorized sums within the time spread.
Target Savings
The scheme is designed to encourage cooperators with specific future needs to plan by scheduling monthly payments with the cooperative (our portal accepts Daily, Weekly or Monthly savings). We currently run a Hajj Savings Scheme [HSS], under this product to easily facilitate members to go for Hajj, the scheme is not limited to HSS, contributions can be made towards any cause such as house rentals, children’s school fees payments, purchase of car, etc.
Assets/Contract Financing
This product allows members to have access to easy purchase of work tools, household commodities, home appliances, cars, business supplies, contracts financing etc. The cooperative buys on behalf of the cooperator and sells to the cooperator on an agreed markup-rate or “cost-plus” and duration. Mark up ranges from 10%-25%. Member and Non-members alike with credible and verifiable contract documents can also access finance from the Cooperative on established grounds.