OGF - PROJECT JUSTIFICATION

  

OUR PROJECT JUSTIFICATION:

1.) Inadequate platform for Financial Inclusion in Nigeria with special focus on rural communities was noticed.
2.) Inadequate empowerment (sometimes none at all) for low income earners to create wealth through business development activities has been the norm.
3.) No/Low savings culture among low income earners.
4.) High Level of Financial illiteracy, no entrepreneurial skills and no training to enable individuals create and manage wealth.
5.) Lack of adequate platform for the facilitation of capital accumulation among
low income households.
6.) Lack of credit access to the economically active poor, including formal and informal self-help groups, individuals and associations
7.) Inadequate Promotion and monitoring of loan usage amongst the beneficiaries of micro-loans.
8.) Inadequate Provision of loan disbursement services for the delivery of credit program of government, agencies, groups and individuals for poverty alleviation.
9.) Lack of Relevant Micro-leasing facilities, Micro-housing, micro-finance related hire purchase, arrangement of consortium lending and supervised credit schemes to ensure access to financial inclusion.
10.) The lingering plight of the poor rural youth and the physically challenged.
11.)  Prevalent Food insecurity and general unacceptable living conditions of women headed households.

PROJECT DELIVERY WILL BE THROUGH INSTITUTION OF THE FOLLOWING ACTIVITIES AND SCHEMES :

- OGF Land Ownership Scheme
- OGF Home OwnershipScheme
- OGF Revolving Salary Advance Scheme 
- OGF Education Support Scheme
- OGF Micro-Insurance Scheme (through our partners)
- OGF Capital & Money Market Investment Scheme 
- OGF Solar Power Products Ownership Scheme 
- OGF Micro Business Start-Up Scheme
- OGF Basic Skill Acquisition Scheme
- OGF Home & Micro Office Equipment Ownership Scheme  
- OGF Micro Business Finance Scheme  
- OGF Attitude Development Programme

THERE WILL ALSO BE :
- THE OGF DIGEST
- THE OGF AWARDS
- THE OGF SEMINAR SERIES 


Omnibus Global Foundation
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Tel. +2348185000488
Web:Www.Omnibusglobal.Org

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