Co-Operative Set To Begin Community Project In Rivers …Finaliises Arrangements For Microfinance Bank

The President/Chief Executive Officer of iEBSMatrixx Co-operative Investment and Credit Society Limited, Dr. Larry Goodwill Ajiola, has said that the long awaited community project of the group would commence this week in Rivers State.
Disclosing this during the Co-operative’s Executive Meeting in Port Harcourt over the weekend, Dr. Ajiola said the preparedness of the co-operative to carry out the community project, was in line with the Supreme Family Entertainment International Initiative’s poverty alleviation programme.
According to the CEO, who is also a United Nations Eminent Peace Ambassador, the community projects would transform  the lives and businesses of entrepreneurs, especially in the  salon industry.
Ambassador Ajiola noted that the projects, funded by Supreme Family, is also expected to draw close the disbursement of Mama Supreme grant, “in line with the information and directives given by the Supreme CEO, JoiceHemni Matthew Andrew.
“The Supreme CEO has worked tirelessly to put smiles on the faces of the less privileged ones across the nation.
“This is one group that has nothing to do with tribalism but wants the youths,  windows and small businesses to get to the next level”, he stated.
The iEBSMatrixx boss also said the Co-operative is fanalising the arrangements to float the proposed CBN approved Microfinance Bank, saying that, “all things being equal, our microfinance bank may commence operation before the end of this year.
“All those who invested in one project or the other in the Co-operative still have their investment intact. Their investments would be converted to the Co-operative bank shares when we fully commence”, he said.
He reiterated that the Co-operative has undergone many challenges over the years, adding that 2022 is marking the beginning of a new era for Small and Medium Enterprises (SMEs) in the organisation.
The CEO also said the Co-operative will elect new executive members that would run the organisation for the next four years.
He called on the members to ensure that they do everything possible to sustain their businesses, adding that there are better days ahead.

By: Lilian Peters