Cooperative society, Betalife to empower 36,000 Nigerians




In line with the Federal Goverment’s agenda of lifting poor Nigerians out of poverty, Betalife international Community, a cooperative society, has said it is aimed at empowering thirty-six thousand (36,000) Nigerians across the country with funds.

The country coordinator, Dr. Friday George stated this on Friday while briefing newsmen in Abuja.

George said the cooperative was aimed at empowering 36,000 members of its cooperative across the country with funds, hereby lifting them out of poverty.

He noted that the Multipurpose Cooperative Society Limited was set at achieving this empowerment target between year 2022 – 2031.

In his words, “We want to raise one thousand millionaires from each state in Nigeria in the next ten years who also would empower others to become millionaires.

“We are in partnership with International Community and also support government initiatives of raising people out of poverty,’’ he said.

The country coordinator while speaking said the web based platform was fully operational and automated.

“Our system of operation and all necessary details can be found on our website-

“Our contact information, and all necessary details on how to become a member can be found on our webpage.

He noted that the cooperative society operates three major departments where everyone is accommodated depending on their preference and needs.

“They are;- (1)Empowerment programme,
(2)Advance/help contribution programme and
(3) Cooperative Saving and Loan,’’ he said.

George added that what distinguished Betalife International Community from other cooperative societies is its indigenous friendly policies where loads of benefits and rewards are enjoyed by members from time to time.

“Our savings and Loans department prompt response to businesses/traders and individuals who need loan for expansion and support and our very low interest rates on loans are some of the benefits, of becoming a member” he added.

He disclosed that a new soft loan package called kiakia loans had recently been introduced to members.

According to him, the soft loans attract a 10% interest rate for a duration of 30 days and it is targeted at entrepreneurs, SMSE’s, salary earners and civil servants.