NIFESAF ESUT Multipurpose Cooperative Society.

It was created to promote economic interest of brethren through financial empowerment, investment, job creation and community development of members.

NIFESAF ESUT Members

To be a trusted, Christ-centered financial community that expands access to funding, empowering members to build sustainable businesses and achieve economic independence.

• Business and personal loans
• Entrepreneurship training and empowerment
• Investment and savings
• Agriculture and power development
• Networking and mentoring

• To enhance financial sustainability and investment capacity through an effective contribution model
• To maintain a transparent, trustworthy and governance structure
• To leverage digital tools for growth and efficiency
• To create value added services for members

A minimum of N5,000 savings which can be monthly or quarterly.

Members can access the funds in form of loan with interest.

Funds are invested in viable investment portfolios and dividends are paid yearly from yield of investments.

It depends on what kind of loan you are applying for. Ordinarily, not more than 150% of your total savings except for an NPP loan.

NEMCOS Partnership Program.

NPP is a kind of business loan where the applicant partners with NEMCOS to get financing for a business and the profit is shared at an agreed percentage ratio.

• Institutionalized real estate model
• Regular financial literacy and investment webinars that educate members
• Group benefits to members like Insurance, bulk buying of food and household items
• Provision of cooperative backed business support programs like financial, operational and advisory support for businesses

Yes. NEMCOS participates in any legitimate activity that will benefit its members.