Dezionite Micro credit cooperative is duly registered as a legitimate investment and credit cooperative with the ministry of Commerce and industries Rivers state, under the section 5 (1) of the Nigerian co-operative societies decree no. 90 of 1993 ( now an Act of 204) with the registered name as WOJI DEZIONITE COOPERATIVE INVESTMENT AND CREDITY SOCIETY LIMITED. Under registration number RS 31719 dated November 10th, 2017. Its principal office is in # 11 Woji Elelewon Road, By Ogbatai Junction, Woji Port Harcourt, Rivers state.
Dezionite Cooperative is also a registered member of the National cooperative financing Agency of Nigeria (CFAN) and a member of the Non- banking Micro Financing institution of Nigeria. Utilizing the unified cooperative platform.
The cooperative which is currently engaged in micro credit and investments has 108 regular members. One of the objectives of Dezionite Cooperative is to grant loans to its members. Loans will be granted from the members' accumulated savings through capital build-up (CBU) contributions based on their business needs for funding. Only business loans are given to members to enable them develop their businesses. Members will be granted loans in accordance with business capacity after evaluation by the loan credit department.
The size of loans granted to members is determined by the size of their business.
Our vision :
Enterprise development and capacity building
Our Mission:
Dezionite cooperative mission is to help eradicate poverty in Africa by offering credit and investment opportunities to members so that they can develop their enterprises.
The problem we solve
Micro, Small and Medium businesses are the bedrock of the African economy.
The facts are clear: Nigerian has over 77 million MSMEs today, employing over 60 million of our people and contributing about 85% of our total labor force in the country. In its resolve to develop and to support Entrepreneurs Dezionite investment and credit cooperative has established Dvest to grant access to business funding in the most reliable and efficient way leveraging on technology .