Loan Access:
The cooperative society offers access to our loan facilities exclusively for fully registered members. Becoming a member not only grants access to these loan opportunities but also opens the door to a myriad of advantages within our cooperative community.
We encourage individuals seeking access to these loans to consider becoming a member of our cooperative society. Membership extends a plethora of opportunities, ensuring security and a sense of belonging within a supportive network. This inclusivity serves to safeguard the interests and welfare of all our members.
Join our cooperative society today to unlock the benefits of membership and secure access to our loan facilities, empowering you to fulfill your financial aspirations in a secure environment.
Process to Obtain Loan:
Application Form: Start by acquiring a loan application form from OAU IFE First Co-op Multipurpose Cooperative Society. Complete the form by providing the necessary details required for loan processing.
Documentation: Alongside the loan form, submit your current payslip. This payslip serves as a key document to verify your eligibility for the loan. It helps in assessing your financial standing and ensures compliance with the criteria set for loan qualification.
Evaluation: Upon submission of your loan application and payslip, our team undertakes a thorough evaluation. This assessment considers various factors including your financial history, existing repayments, and eligibility criteria outlined by the cooperative society.
Approval: After careful review and verification, successful applicants receive approval for their loan. Once approved, you’ll be notified promptly, and the next steps for loan disbursement will be communicated to you.
Disbursement: Upon approval, the loan amount will be disbursed to you according to the agreed terms and conditions.
Our aim is to facilitate a smooth and transparent loan acquisition process for our members. Should you have any queries or require further assistance during this process, our dedicated team is always available to guide and support you.
