FAQs

Frequently Asked Questions (FAQs)

General Questions

1. What is Empowerdeygo.com?

Empowerdeygo.com is the digital platform of Empowerdeygo Port Harcourt Multipurpose Co-operative Society Limited, offering a range of financial services including savings, buy now, pay later, investment opportunities, loans, and entrepreneurstraining/empowerment.

2. How can I become a member of EmpowerdeygoPort Harcourt Multipurpose Co-operative Society Limited?

To become a member, visit our website and complete the online registration form. You may also contact us directly for further assistance.

3. Is there a membership fee?

Yes, there is a renewable, non-refundable, membership fee which you need to pay during the registration process. As at today, intending members are to pay N15, 000 (Fifteen thousand Naira) or its dollar equivalent (pitched at $10 today, subject to change at intervals because of Naira-Dollar exchange rate). Note: Members are considered as customers/clients/users of our website and organization, Empowerdeygo Port Harcourt Multipurpose Co-operative Society Limited. Your registration does not qualify you as a part-owner of the organization, neither does it attract any organization’s shares to you. Our shares are NOT on sale now and in the foreseeable future.

4. What Benefits accrue to members?

• Financial empowerment

• Loan facilities

• Prompt and Efficient Services

• Fund Security, Transparency and Accountability

• Ethical business and investment opportunities

• Real-time access to account balances

• Access to our e-learning hub

• Access to our e-commerce platform (Buy/Sell online)

• Access to real-time business news on our affiliated website, and many more.

Savings

1. What types of savings accounts are available?

We offer various savings accounts tailored to meet different needs, including fixed deposits, regular savings accounts, and high-yield savings accounts.

2. How do I open a savings account?

You can open a savings account by logging into your Empowerdeygo.com account, selecting the type of savings account you want, and following the instructions provided.

3. What are the interest rates on savings accounts?

Interest rates vary depending on the type of savings account. Please refer to our website or contact us for the most current rates.

Buy Now, Pay Later

1. What is Buy Now, Pay Later (BNPL)?

Our BNPL service allows you to purchase items and pay for them in installments over a specified period, making it easier to manage your finances.

2. How do I use the BNPL service?

To use our BNPL service, select it as your payment option at checkout on participating merchant websites. You will then follow the instructions to set up your payment plan.

3. Are there any fees or interest for using BNPL?

Our BNPL service comes with moderate fees and interest rates, which will be disclosed before you finalize your purchase.

Investment Opportunities

1. What investment opportunities are available?

We offer a variety of investment products, including mutual funds, stocks, bonds, and other financial instruments designed to help you grow your wealth.

2. How do I start investing with Empowerdeygo.com?

To start investing, log into your account, select the investment option you are interested in, and follow the instructions to make your investment.

3. What are the risks associated with investing?

All investments carry risks, including the potential loss of principal. It is important to review the risk disclosures and seek professional advice if needed.

Loans

1. What types of loans do you offer?

We offer personal loans, business loans, and other types of credit to meet various financial needs.

2. How do I apply for a loan?

You can apply for a loan by logging into your Empowerdeygo.com account, selecting the loan type, and completing the online application form. However, to qualify for loan, intending borrower (s) must present a guarantor, who must be an active member of Empowerdeygo.com, who has at least 2/3 (two-third) of the amount the borrower is seeking for in his/her account, and would be ready not to withdraw same within the period of the loan facility.

3. What are the eligibility criteria for obtaining a loan?

Eligibility criteria vary by loan type. Generally, you must be a member of our cooperative, have a stable income, and meet our creditworthiness requirements.

Entrepreneurs Training/Empowerment

1. What is the Entrepreneurs Training/Empowerment program?

Our Entrepreneurs Training/Empowerment program provides education, resources, and support to help aspiring and established entrepreneurs grow their businesses.

2. How can I enroll in the Entrepreneurs Training/Empowerment program?

To enroll, visit our website and sign up for the program. You can also contact us directly for more information.

3. What topics are covered in the training program?

The program covers a wide range of topics, including business planning, financial management, marketing strategies, and more.

1. How can I contact Empowerdeygo.com for more information?

You can contact us via:

Email: admin@empowerdeygo.com

Phone: +234 907 330 8104

Address: Port Harcourt, Nigeria

If you have any other questions, feel free to reach out to us. We are here to help!