BELOW ARE THE ANSWERS TO MOST OF YOUR QUESTIONS:
Answer: ZSP stands for Zion Savings Project, it is a savings scheme project/ micro finance institution passionately established to solve certain finance related problems affecting the students, low income earners ,the society and the world at large which includes high level of deviant activities due to lack of fund, unemployment, little or no collateral to access loan from commercial banks & government agencies, financial indiscipline, Inability to save, financial ignorance etc.
- What is the corporate Goal or vision?
Answer: Our vision is so simple,clear,realistic and measurable.Our corporate goal is to help individuals achieve financial independence through savings.
- What Products does ZSP offer?
Answer: We offer THREE major products/services which are; SAVINGS PRODUCTS,LOAN PRODUCTS AND OTHER FINANCIAL SERVICES. Let’s take it one after the other,
With respect to our savings products, ZSP helps you save your money in form of daily, weekly, monthly, quarterly or yearly deposits. We have basically TWO savings products which are the FIXED RATE SAVINGS SCHEME(FRSS) and the VARRYING SAVINGS SCHEME(VSS).In FRSS, a client is allowed to save a fix amount of money daily, weekly or monthly(minimum of 100naira).this type involves a minimum opening balance of 500naira,the first daily deposit is withdrawn as monthly charge foe income earners but 100naira for students, unique gifts are given @birthdays for savings that are up to 50,000naira,there is no maximum limit to the amount that can be saved and also payment in advance is allowed. In VSS, a client doesn’t operate on a fixed amount of deposit rather his/her deposits vary as he wills but a minimum of 100naira.In this account, interest of 20% is attracted if withdrawal is not made up to 5months,a minimum opening balance of 500 is required,10% & 5% of monthly deposit is withdrawn as monthly charge for income earners and students respectively, this type gives you access to our loan facilities @low interest rate, withdrawal is made after a period of 30days known as MATURITY PERIOD and also withdrawal is made once in a month after a notice of 5days to the account manager.
For our LOAN products, we offer FOUR basic forms of loan which are ASSET LOAN(AS),Small biz Loan(SBL),Educational loan(EL) and Capital Project loan(CPL).Asset loan involves loan which is taken to purchase a particular asset for business. Small biz loan is a loan taken to form capital for establishment of any biz. Educational loan is taken basically by students to finance certain expenses needed in the course of their learning like tuition fees etc. Capital project loan is taken to finance major and high finance demanding projects or contracts like establishment of a multinational corporation, Construction of infrastructures or manufacturing of new products by firms. ALL loan products require that the client have an affidavit by a recognised law suits ,not less than 4 referees ,must be a member for at least 3months,must have saved at least 40% of the loan he needs and also an interest of 15% is charged on AS & CPL while 7% is charged on SBL &EL.
Lastly, we offer various FIANACIAL SERVICES which includes; young accountants foundation (YAF), ZSP world trainers group, Financial/entrepreneurial seminars, Business consultancy services and as well referees for our clients. All this services are granted to CLIENTS at minimum or no cost involved.
- Aside the products, what else do i stand to benefit?
Answer: 1). Stand the chance of becoming the next top successful entrepreneur.
2). Access our employment opportunities with high paid salary.
3). All our financial services (listed above) to our clients are at little or no cost.
4). Get connected to top entrepreneurs and business mentors to boost your market share. Etc
Answer: ZSP is a registered company with the CAC whose major non financial asset is FINANCIAL TRUST AND INTEGRITY. Beyond profit maximization objective, we are not short sighted to trade our trust and goodwill on the altar of compromise. You can always access us at any point in time, our registered address is 113 item Road,aba abia state and also we have our account managers and ambassadors all over the nation. Feel secured to save with us.
- How do i register to start saving?
Answer: 1).Pick our forms from any our Head office or any ZSP official closest to you. You can as well fill it online and send it across to us.
2). Fill the necessary information CORRECTLY and ACCURATELY.
3). Attach your passport or any valid I.D card.
4).pay the required registration charge.
5).You will be notified that your account has been successfully opened, start up your savings as your Passbook & account details will be delivered to you less than 24hours.
- What are the requirements needed for the registration?
Answer: You need a Passport photograph (not less than 6 months) and Valid I.D card/voters card or drivers licence.
- Can i operate a joint account?
Answer: YES if duly signed by parties involved.
- For more enquiries on any of our products, services or mode of registration; contact our customer care at +2348179069947 or email us at Zionsavingsprojectzsp1@yahoo or visit any of our offices.
THANKS FOR YOUR TRUST IN US. YOU ARE OUR GREATEST ASSET.