Irvin Global and Investment Group, a micro-lending company in Nigeria has restated its commitment to empowering individuals and businesses to with affordable loans to enable them meet imminent needs.
With its over six years of experience in the Nigerian economy, the company offers a number of loan services including Payday Loans, which is designed to meet the urgent needs of salary earners in private establishments; Payroll Loans, designed for salary earners in the public sector; Step-Up Loans targeted at traders and business owners; and SME Loans which enables small entrepreneurs access business loans.
In the same vein, the company, which doubles as a financial consultancy company, has launched an innovative financial investment plan to enable Nigerians gain access and make a healthy return on investment (RoI) monthly, quarterly, bi-annually, and annually depending on their financial capacity.
With offices in Lagos and Abuja, Irvin Global said the investment plan is designed to provide Nigerians with a feasible means of earning legal returns on investment with a company that they can trust.
The company explained that it uses the money from investors to provide individual and business loans to salary earners and registered businesses in Nigeria.
However, it stated in a press release, that unlike many fintech in the country, Irvin emphasised that it demands collaterals from borrowers so as to protect the investments of their clients.
Commenting on the investment scheme, Barrister Mrs Chiamaka Ezuma, General Manager, Investment, Corporate Communications & Legal Services at the firm, said Irvin Global and Investment Limited has been in the business of funds, assets management and micro-lending for over six years with a proven record of competence, high-level professionalism and integrity which has resulted in an appreciable growth of investor base and over 90 per cent retainers of investors and repeat customers.
“We do not do property transactions, neither do we trade cryptocurrency or forex. All funds are used for lending to new and existing customers,” Ezuma said.
“One may want to ask about the security of his/her funds. The truth is, it is impossible for the company to lose investors’ funds. The reason is that the stringent nature of our loan process makes it absolutely impossible for our customers to default in repaying their loans,” she said.
Citing an instance, she said for loans of less than a million naira, the customer must provide ‘two banker guarantors ‘who would issue signed cheques from their salary accounts.
“And for a million naira and above, the applicant must give us a car, diamond, foreign currency, gold, or silver as collateral. And the said collateral must be transferred to us temporarily, pending when the loan sum is liquidated.
“This is what makes us outstanding and we have never defaulted nor delayed in paying our investor’s return on investment for over six years of operations,” she said.
