OMOSIMUA FOUNDATION

Home about Us Contact Us Seed Loan Admin Programmes Investors and Funding Products Payment Login Register

 

One of our objectives is to support small businesses by giving them access to soft loans for their businesses.

FAQ:
What is the procedure for seed loans to be approved and disbursed?

Option one

1. Submit your name here

2. Reg with N2000
3. Buy loan form of N6000
4. Fill and submit form

5. Wait until the person gathering the group gets up to 20 members as a group including people each person will bring.
6. Disbursement of loan.


Option 2

1. Submit your name here
2. Reg with N2000
3. Buy loan form of N6000, fill form and submit
4. Get 3 people that also need small loan to do the same.
5. Disbursement of loan.


PRODUCTS OF OMOSIMUA FOUNDATION

At Omosimua Foundation we currently have two major products up and running among the enlisted ones yet to be harnessed. The current products are;

1. SEED LOAN

ABOUT THE SEED LOAN
Seed Loan is a loan for a group of minimum of 20 people
Each takes a loan between N30 - N100k
It is Zero per cent (0%) interest rate

After having a complete group, the waiting period between the submission of group details and disbursement is two weeks.
The approved loan is what you pay, no extra amount.
It runs for a maximum of four months repayment plan
You pay back weekly
Registration is N2000
Loan Form is N6000
One Guarantor required
No collateral
We give those who are doing businesses.

To apply for Seed Loan, you buy form and register, we send you the form to fill, we work on the application for two weeks and you will be assigned to an admin that will monitor your loan when we give you loan.

 

2. FAST CASH LOAN (F.C.L)

Unlike Seed Loan that takes a process of weeks, the Fast Cash Loan is a loan given within 30 minutes of request.

It is a loan for personal consumption.

It is max of N5000

Before you are qualified for F.C.L, the number of registered members in the group you belong to must be up to 20 people.

It is payable within a period of fourteen days (14 days)

You cannot take a Seed Loan while you are owing Fast Cash Loan neither can you take a Fast Cash Loan when you are owing Seed Loan.

To take Fast Cash Loan you must be a registered member of the foundation.

You must belong to a group that is supervised by anadmin.

application for Fast Cash Loan is done in your login page only.

3. BUSINESS BOOSTING CONTEST (BB CONTEST)

OMOSIMUA FOUNDATION Introducing BB Contest. Business Boosting Contest, a contest to win cash prize to boost biz. Details later.

It is contested every month and the foundation Ambassador is chosen from the twelve winners to lead the foundation projects for a period of one year with a specific budget. Ticket will be sold to contestants for the contestants.

 

 

Omosimua Foundation is established to reach out to indigenous Community business men and women with financial needs by supporting small businesses with loans, giving members Educational support, healthcare, subsidized economic products and social welfare benefits.

Pls note that our current outreach is SEED LOAN for small businesses.

OMOSIMUA FOUNDATION
We give soft loan to small businesses
We Support people in Education
We give health care support
We give members access to afford economic products at lower cost.
We empower people nationwide as our representatives.

 Get a small loan for your business, apply now. We give loan between N30k and N100k to boost your business every four months. Apply today.