Recently the Nigeria Labour Cooperative Society, an organization purportedly registered under the law has been inviting the the public especially in kwara to apply for soft loan with an application form costing about #3,000 or more.
Of interest here, is the simplicity of the entire process of application: after paying for, and fill ing the scanty application form, one or two questions will be asked, thus you are simply cleared for a loan of between #1,000,000 and #10,000,000 subject to your request. More so, no colateral was requested coupled with the crude Mode of repayment which they said would be defrayed by hand on monthly basis.
Só far, thousands of people have applied based on the list of applicants displayed on the board in their Office at the Post Office Area, ILORIN.
My suspicion aroused when I went in search of more information about the organization, and I came across the disclaimer issued by Nigeria Labour Congress about the said organization, and the housing scandal allegation published in daily trust in 2014. Fellow Nairalanders, please anyone with valuable information should please share as that could help a brother.

Its nothing but 419. Am much aware of the development and we are working to nail the organizer of d prog.