Rosabon Financial Services, one of Nigeria’s leading Non-Bank Financial Services provider, has announced collateral-free and guarantor-free loans as low as 40,000 Naira and up to 6 Million Naira to cater to Civil Servants in light of the Coronavirus crisis.

The loan offering is targeted at Civil Servants who are currently affected by the lockdown and have their payroll handled by The Integrated Payroll and Personnel Information System (IPPIS).

According to Managing Director of Rosabon Financial Services, Mr. Chukwuma Ochonogor, “Rosabon is indeed proud to provide solutions for our borrowers in their time of need. For many Civil Servants in Nigeria, getting funds to help meet basic needs during this COVID-19 lock-down can be tough. As such, our Public Sector Loan service has been designed to effectively address their short to medium-term financing needs.”

“While it is true that workers can always save to prepare for the events of an emergency, such as job loss, unexpected home repairs, medical emergency, and others; they may not have fully prepared for the lockdown.”

He added: “With the increase in the prices of food items and other harsh financial realities, many Civil Servants may find themselves in a difficult situation. Therefore, Rosabon Financial Services is offering quick and affordable loans with a flexible repayment period of up to 24 months to help Civil Servants survive in the COVID-19 pandemic.

Good one..... hope our brothers from the other sides will be able to access the loan too?

OdefaGirl:
Good one..... hope our brothers from the other sides will be able to access the loan too?

How is giving out loans with interest during these period a good news?

uboma:



How is giving out loans with interest during these period a good news?

You don't know that it's good news..... the money comes in in bulk, then payment spread out over a period of time...

OdefaGirl:



You don't know that it's good news..... the money comes in in bulk, then payment spread out over a period of time...

The loan is not interest free. How do you expect the Civil Servants to pay back conveniently with the lockdown in place when they have to rely on only their monthly salaries (which sometimes payments are unnecessarily delayed).

Without these lockdown and covid-19 pandemic, the Civil Servants have side income generating activities like farming which complements their salaries.

These people are some lying bunch of rogues. After supplying them with everything they asked, the said account officer started a tale of how the company wants him to stand as my guarantor which he can't do. You see their trick; after harvesting your data, they will start demanding for an impossibility. How can an account officer be complaining that he's being asked to stand as your guarantor and that that is not within his job scope. Not just that they want a guarantor, they are asking for an impossible one. These people are crooks.

uboma:



The loan is not interest free. How do you expect the Civil Servants to pay back conveniently with the lockdown in place when they have to rely on only their monthly salaries (which sometimes payments are unnecessarily delayed).

Without these lockdown and covid-19 pandemic, the Civil Servants have side income generating activities like farming which complements their salaries.

Most important of all, these people are fraudsters, they are not going to give you any loan. They are looking for who to scam. Maybe they have been scamming some people. Rogues.