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Renaissance targets middle, low income class for loan disbursement

BY PETER EGWUATU

Renaissance Credit Nigeria has said that it remains resolute in its commitment to providing better life to the middle class and low income earners of the Lagos population who fall between the age group of 22 – 55 years.

Barely two months after obtaining its state licence, Renaissance Credit Nigeria has rolled out its second outlet at the Pentagon Plaza in Opebi area of Lagos, in line with its quest to provide simple money solutions to individuals living and working in Lagos State.

Mr. Oluwole Emeya, Vice- President, Sales at Renaissance Credit Nigeria stated; “Our plan is to plant outlets within major suburbs of the state such that our consumers have easy access to our range of simple money solutions.”

In addition, he said that the company offers savings products like Fixed Deposits and Savings Plans, which come with attractive interest rates and also partners with retail outlets across the state to offer Point of Sale finance for the purpose of purchasing household electronics, appliances and mobile phones.

According to Emeya, Renaissance Credit which boasts of the latest state of the art IT technology and a vast experience in consumer finance, having operated in a number of emerging markets, is set to bring its range of simple money solutions to the door-steps of Lagosians who fall within the middle and low income segment by planting outlets across Lagos State.

Mr. Segun Akintemi, CEO, Renaissance Credit Nigeria , explained that “our services are geared towards meeting the financial needs of our customers; whether individuals or small businesses, with the view of building the nation’s economy and improving the standard of living of the Nigerian people.”

The company which commenced operations in October 2012 has recorded a number of milestones and continues to braze the trail in the area of consumer finance in Nigeria.

From pioneering loan disbursement in 24 hours in Nigeria, to simplifying the process of accessing consumer loans, Renaissance Credit, remains resolute in its commitment to providing better life to the middle class and low income earners in Lagos.


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