TOBALASE OKUNRIN THRIFTS AND COOPERATIVE SOCIETY
FORMATION
Tobalase Thrifts and Cooperative Society was established in September 2017 and officially became operational in January 2018.The formation was sanctioned and approved by the authority of Giwa-in-Council of Egbe Tobalase okunrin Akile Ijebu, under the leadership of Giwa Abiola Alausa.
PURPOSE
The purpose of the establishment of the cooperative is to improve the living and economic standards of its members through savings,investments and loan facility arrangements.It is also designed to collaborate and partner in the execution of business proposals and financing as requested by members on agreed terms.
OPERATIONS
The cooperative’s operational structure is based on Zero-Interest System,wherein members are charged on NO interest except statutory charges,levies and fees as applicable.The essence of this gesture is to align the objectives of the cooperative to its operations to assist the members and not to compound their plights with accumulated interest burden.
MEMBERS
The following are the pioneer members of the cooperative.
- LASE QUADRI SAKIRU-CHAIRMAN
- LASE IBIROGBA SESAN-VICE CHAIRMAN/SEC
- LASE MATESUN TITILAYO-MEMBER
- LASE LEKUTI TUNDE-MEMBER
- LASE OLAWALE SADIQUE-MEMBER
- LASE OGUNYALE GBENGA-MEMBER