INVESTORS APPLICATION PROFILE by ASSOCIATION OF COTTAGE INDUSTRIALISTS OF NIGERIA Bankers. ACCESS BANK PLC. UNION BANK NIGERIA PLC To be Powered & Insured By ACIN ASSURANCE CONCEPT. Project NATIONAL EMPOWERMENT PROGRAMME CONTACT PERSON: Com. Oluwasegun A. J. MULEMORA. CONTACT PHONE NUMBERS: +234 8130103225, 08115141512. Profile of the Association of Cottage Industrialists of Nigeria. The Association was established for Cottage Industrialists that specialize on Soap, Cosmetics, Textile Design (Adire), Agro-Allied, Paint Production, Beverages, Quail Farmers, snail Farmers, Grass-cutter Farmers, Food & Cash Crop Storage and Printing Technology (screen printing), throughout the Nation, the Association has its members at all the grass-root for Economic development with the aims to move this continent from predominantly a Civil Service Economy to an Intermediate Industrial Economy and make this Country a trial-blazer in the area of Made in Nigeria Products. Association of Cottage Industrialists of Nigeria was incorporated by a Board of Trustee, highly experienced professionals who have, over the year, distinguished themselves as ardent believers in perfect service and excellent quality. Their vision was borne our of the desire to provide high quality service to user of such services, that is why we are members of the Franchise of US, & UK. OUR MISSION ACIN is the coming together of all the SMEs in Nigeria to achieve a common goals. ACIN believes in improving on Nigeria Made Products through the use of the following Scheme:- Industrial Technology Development Training and Seminar, Establishment of Loan Scheme for all the Financial Members, ACIN International Concept Programme. OUR VISION The vision of this Association is to preach and solicit for any support to improve and Promote Made in Nigeria Products, for home Consumption and Export. To improve the capability of Members of Cottage Industries for the purpose of achieving sustainable Development and profitable production without threat to lives and properties with efficiency. AIMS AND OBJECTIVES. 1. The Association has created a socio-industrial economic system that will promote Nigeria Made Products with aims of improving the Economy. 2. To modernise Cottage Industries and transform the rural lives 3. To serve as innovator and pace setter in production practices. 4. To Curb the Economic Monopolies in our society. 5. To serve as training ground for democracy and development. 6. To improve the competitive position of small-scale producers. 7. To build an Industrial Market in each Area and organise an International Marketing Plan as outlet for members. 8. To assist in Exportation of members products in between the ECOWAS and rest of African Countries through the Association International Concept Programme. 9. To corporate with Federal, State and Local Government in all areas in generating revenue to the Government and the Association. 10. To look into the challenges that are associated with the Members industries and product also proffer solutions. 11. To enable the members work towards the progress of the Association. MANAGEMENT ACIN boasts of highly skilled, experienced and courteous staffs who over the years have carved a niche for themselves as being highly responsive and committed to customers’ needs. Our staffs are fully prepared to ensure high quality customer delivery services. At your service as a Board of Trustees who have excelled in their previous endeavors: OLUWASEGUN A. A. MULEMORA. HON. COM IBRAHIM I. A. BOLOMOPE. PROFESS AYOBAMI AKINWALE. AARE ISEEC OLANIPEKUN. PRINCE BIODUN ADEPETUN. ALHAJI MUNIRU OLADAYO. DR AYOBAMI OMOTOSHO. OLUSOLA DARE Eqq. Leger Adviser. STRUCTURE Presently the association is represented in every State of the Federation but we need more Franchise Members to immerge from each Local Government for the Development of these Association. The Association is intending to train 160,000 People nationwide in various fields of endeavors. In which after the training each participants will become an Automatic Franchise Member of the Association with Payment of N10,000 only into the Association Account with our bank, Franchise Members will be privileged to a soft Loan of (N200,000:00 to N300,000:00) Two Hundred to Three Hundred Thousands Naira (Machine and Chemical worth of N150,000., and Cash of N50,000 or N250,000 Chemical and cash N50,000:00 for expand their projects). Other opportunity to benefit as a Franchiser of this association includes distributors from the Association of Cottage Industrialist of Nigeria (ACIN) Independent Initiative.. The availability of Chemicals/Machine for sale at all locality of operation by ACIN to members, all members will be given professional assistant at the commencement of their production at the First, Second and Third stage. The Trade Mark and NAFDAC number of the Association will be in used by members for joint exportation , Marketing of their product to other African countries. ORGANS OF THE ASSOCIATION. A. Directorate of Industrial Research and Development (DIRD). B. Directorate of Chemical, Machine and Training Development. (DCMTD) C. Directorate of Counseling and Social Welfare (DCSW). D. Directorate of Building and Construction Development (DBCD). E. Directorate Of Commerce and Industrial Development (DCID). F. Directorate Of Communication Documentation and Award (DCDA) PROJECT AIMS AND OBJECTIVES. a To awaken and sensitize the Federal Government Administrators to the importance of empowering and Exploring Cottage Industries as a spring Board for Economic Development b. To identify and highlight the challenges of Cottage Industries empowering with a view of proffering solutions. c. To critically x-ray issues of Economic Development at the grass root with Cottage Industries as the focal point and emphasis on problems, Structures, Factors, and Case studies of other Development Countries Economy. d. To provide a platform for interactive session between Professionals, Administrators, politicians, Bankers, Technocrats and map out strategies on placing Cottage Industries at the cock pit of the Economic Development of the country. e. To strengthen the political will power of the Federal & State Government to adopt an implement this important Economic Development Strategy Programme. f. To build an Industrial Trade Centre in each State and show case the ACIN Franchises show and Industrial Trade shows outlet for members. g. The Association has created a Socio-industrial economic system that will promote locally made products with aims to improve the economy h. To modernize Cottage industries and transform the rural lives i. To serve as innovators and Pace setter in production practices j. To curb the economic monopolies in our society. k. To assist members with loan of FREE interest with the support from affiliated Banks l. To reduce unemployment in our society’s with this programme. SOURCES OF FUND. Membership Fee, Members Annual Subscriptions. Training Programme. Investment form Investors, sales of stationeries, Dona’s from Awardees, Government Support and their Investment for the Loan etc. FUND INSURED BY. The Fund, is Insured by The association Insurance Company ACIN Assurance Concept, and we are still looking for more insurance company. MEMBERS CONDITION OF PAYING BACK OF THE LOAN. The Loan will be give to all the financial members the has fully Resisted, Paid his Annual Subscription, Minimum saving, Open an Account with our Banker, that has invest 10% and attend Meetings regularly for Three month, he will be give N200,000 Two to Three Hundred Thousand Naira Loan with out Interest for Twelve month with three month grace periods. And if HeShe falls to Paid back instrumentally every meeting at the Districts level for Three meetings the Association will retrieve all the Materials being give to another Person as loan, and heshe will forfeit his membership, Investment, Savings. THE PROJECT . 1. In the Project of this Association we plan to Train the General public in different skills e.g. Soaps, Cosmetics, Adire Making, House Paint Production, Juice, Beverage Production, Quail Farming, Snail Farming, Fish Farming , Muringer Tree Cultivation. 2. To make them a Franchise Members of this Association. 3. To assist each Financial Member with N200,000:00 Loan worth of Accessories/Machine and chemical without Interest, from ACIN Development Initiative Fund thought the Affiliated Bank. 4. Organizing of Industrial Trade Show in each State quarterly for Member as outlet for them. 5. Building of Industrial Trade Centre as Outlet for marketing there products, and the trade centre will be open for Fourteen days every month. 6. Assist in Exporting the Member’s product to other African countries through the ACIN Independent Concept Ltd. 7. Assist members with ACIN Trade Mark and NAFDAC approval through the laboratory Seakat Industrial & Science Laboratory and Assist with the Evaluation and Analysis of their product. INVESTMENT (SHARES) As a Macro Finance Institute, Association of Cottage Industrialists of Nigeria is an Economic Development outfit charged with the responsibility of Training, Marketing, Exportation, Organising Trade Show, Building of ACIN Franchise Trade Centre and Granting Loans to Financial Members with the compliance of The Association rules and regulations. The above brief of the Association requires a lots to accomplished, this necessitate the invitation of interested investors to buy shares/invest in the Association. The joints workable efforts of the Association of Cottage Industrialists of Nigeria, the Interested Investors (Shareholders) will put smiles on the faces of the masses 160,000 Nigerians and redeem their lost hope. The achievement on any Economic Growth and rapid achieved from the grassroots. The appreciation of our Societal values should always be in our positive contributions and all the inputs towards reducing the levels of Poverty in our Country. INVESTOR’S TERMS (SHARE HOLDERS) The Association fund raising targeted on the total amount of Forty Eight Million naira (N48,000,000:00) form investors. The minimum amount to be invested by investors is One million Naira (1,000,000:00). This amount can be paid installment ally within a period of Six (6) month. 1% of the invested amount will be paid as dividend quarterly after the completion of the payment. The dividend will be paid into the Investors Bank Account quarterly. INVESTORS BENEFITS 1. Apart from the 1% dividend quarterly the investors can be appointed as the Patron, Matron, Fellow based on their investment. 2. The investors will have access to our products. 3. The investors will have opportunity to participate in our local, National and International Conferences, Seminar at a subsidize rate. 4. They will have access to the Association quarterly publications. 5. They will have access to showcase or advertise in the Association quarterly publication. 6. The investors will have access to use the designated word (Mci) Member of Cottage Industrialists. 7. The investors will become an automatic member of Institute of Chartered Industrialist of Nigeria. 8. The investors can be appointed as members of Board of Trustee or Board of Directors based on their investment. 9. Investors name will be used n His/her particular state provided the highest investors e.g Atere Franchise Trade Centre. HOW TO INVEST The Association has divided his project in three categories. 1. Loan Scheme N48,000,000:00 2. Industrial Trade Centre Building Scheme in each State to be named after each Loin Share Investors in that State (ACIN Franchise Trade Centre). 3. Industrial Training Scheme. N1600,000,000:00 The Investor will complete filling, an attach investors application from as evidence of interest with teller for the payment into our Named bank into our Account, If instrumentally the investors will made the first payment into The Association Account or full payment. The Association lawyer will then prepare a Memorandum of Understanding between The Association and Investors. CONCLUSION We need your financial support by investing to this Association project with aims to move this country from predominantly a Civil Servant Economic to an industrial Economic. The Association has given approval to Seakat Vocational Training Centre to coordinate the Training Trainers of this project by Training Six Hundred (600) people in each state and followed by the National Conference were all the Local Government will benefits, two hundred (200) people will be trained in each Local Government, after which building of the ACIN Franchise Trade Centre will be commission Nationwide. And ACIN Assurance Concept as the Insurance Provider for each Members, and Investors. We call on all Board of Trustees, Board of Directors of this Association, Individuals, NGO, CBO, Corporate bodied, Local, State and Federal Government to invest in this project that will be managed by Access Bank Plc and Union Bank Nigeria Plc, Insured by ACIN Assurance Concept so that we can make this Nation a trail blazer in the whole of Africa.
Posted on: Sun, 23 Jun 2013 18:34:35 +0000
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