The Management Committee has been working earnestly towards providing increased options for members to access funds to meet their immediate personal needs. It is therefore with great pleasure that we introduce ESMCS Quick Loan to help cater for your short term funding requirements.

The ESMCS Quick Loan details are as follows:

  • Maximum amount: =N=400,000.00 (Four hundred thousand Naira)
  • Tenor: Ninety days
  • Rate: 8.5%
  • Interest is payable upfront.
  • Applicants must be contributing members of the cooperative for not less than 6 months
  • Applicant’s monthly repayment does not exceed 33.3% of the applicant’s net monthly pa


  • Logon to the co-operative portal and open the loan application portal
  • Select the ESMCS Quick Loan Scheme and complete the fields on the portal then submit.
  • Submit blank, signed post-dated cheques along with an executed undertaking (see attached form) allowing the Bank fill the outstanding sum owed on the blank cheque and present same for clearing in the event of the applicant’s voluntary resignation or termination of employment with 9mobile.
  • Forward signed, post-dated cheques and executed undertaking to the co-operative (micro-credit desk) not later than the last working day of every month for disbursement in the succeeding month. Please note that all applications whose cheques and executed undertaking not received within the advised time frame will not be processed for disbursement.
  • Deductions begin from the same month of disbursement
  • Disbursements shall be made to applicants’ nominated accounts on the third working day of every month
  • Disbursements for the pioneer tranche of qualified applications commence in February 2018.

For further enquiries, please send your emails to:

You may also call Aigboje Giwa-Amu on 08099447819.

We wish you a very prosperous new year ahead!