The Company provides an avenue for person or organization wishing to invest their funds on profit and loss sharing basis.
Small Savers Loan Scheme
Give Small entrepreneurs’ an opportunity to build and consolidate their capital through Small savings within their profit earnings capacity. This is facilitated with a revolving loan from the company.
The Company works with interested persons and
organization to extend loan facities to target beneficiaries using the company’s
The Company gives consulting services to persons and organizations wishing to invest or run their business on Halal basis. The Company also supervises such project when implemented.
SOURCES OF FUNDS
The company mobilises funds from the following sources: -
a) Bank Loans. The company takes loans from Banks and other Financial Institutions. Such loans are secured by the assets of the Company and those of the Promoters of the Company. Continue Reading
USES OF FUNDS
The Company provides finance to applicants based on the following criteria: -
1, Availability of funds.
2, Acceptability of the project.
3, Viability of the project as assessed by the Appraisal officers.
4, Reliability of the project promoters.