END OF THE YEAR POCKET MONIE
End of the year is usually tagged with a lot of pressures and expectations from all and sundry. It’s a time for holidays, fun etc. Therefore, it is also a time of year that comes with great expenses. Again, the needs associated with End of the year are not only restricted to rich and middle class. The people at the bottom of the pyramid also have these needs; they have families to feed & clothe; loved ones to reach out to; relatives to visit etc. That time of the year is generally called The “EMBER” month in Nigeria because people get really desperate to make money at all cost, crime rate increases, the prices of commodities go up, some businesses go bankrupt because they have spent their business capital in the process of celebrating the yuletide, people move from one location to the other to spend time with their loved ones and some get indebted heavily in trying to meet up with the huge expense that comes with the End of year; the list is endless…
If these entire hassles takes place at the End of the year simply because of the expenses that comes with that time of year; Why not save towards it?
We encourage traders in this category to set aside some percent from their daily income to save towards the End of the year expenses. Traders in this category are also encouraged by the cooperative with various kinds of food items given to them to support their families while they come for their savings at the End of the year.