Join Our Cooperative

Benefits:

Prime Asset Housing Cooperative offer the following services:
  1. They offer Loans at attractive rates on returning balance to members and non-members without collateral.
  2. They encourage savings that accrue based on shares owned by subscribers. At the end of the financial year, the dividends accumulated from project embarked on by the cooperative are distributed to shareholders. Savings start as low as N1,000 monthly
    • They have 2 types of Savings:
    1. Special Savings (Tenured): This has a minimum of N50,000 for a minimum tenure of 3months. The subscriber will be entitled to receive an interest of 3.75% quarterly or 15% annually on the amount saved.
    2. Special Savings (Untenured): This has a minimum of N10,000 for a minimum tenure of 30days. The subscriber will be entitled to receive an interest of 1% monthly or 12% annually on the amount saved.
  3. They engage in housing projects and are working on other avenues whereby they can generate money for the cooperative and increase dividends. The housing projects such land acquired are sold to members at discounted rates compared to what they offer to non-members.

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