REICO Multipurpose Cooperative Society Ltd is a real estate investment cooperative, registered as an independent member-owned cooperative society, founded to engage in real estate investment, wealth creation, and business financing.
REICO Multipurpose Cooperative Society is a registered Money Lending Company, established to enhance and promote small & medium scale business owners, as well as low income earners in Nigeria.
REICO Multipurpose Cooperative Society can be considered as a business entity with a social purpose. It is regulated through the Co-operative Societies Act. We are a membership organization advancing the economic interests of its members and encouraging thrift and lifestyle changes, together lending to a more progressive community.
Our objective
to finance:
Real Estate
SMEs
Empowerment
Our Vision
To be the most preferred Pan – African Foremost Real Estate Service cooperative Provider
Our Mission
Creating a community to include all and enhance participation in the real estate industry to provide solutions to its perennial problems.
Our Core Values
- Self-Development
- Dedication
- Transparency
- Profitability
- Proficiency
- Equity
- Teamwork
DISCOVER
Our Services
RAP (OGBONGE LANDLORD )
Start your journey to land ownership. Save flexibly for a period of time to acquire landed property, individually or as a group
RENT ADVANCE
Planning for rent just got simpler. Save 60% of your rent for 6 months, we’ll cover the rest. Save 100% and enjoy an extra 6% reward from REIC.
Target Savings
REICo Normal Savings is open to everyone who wants to save daily, weekly, or monthly from the comfort of their location or business, without visiting the bank, and access their funds
whenever needed
Start with as little as N1000 daily and watch your money grow. Choose a plan that fits you; 3 months, 6 months or 1 year and earn interest on your savings. The longer you save the more you earn. Saving has never been this simple yet so rewarding.
Save daily, weekly, or monthly towards your favourite festive season and receive food items worth your full savings at the end. You can subscribe to our:
- Ramadan Basket
- Eid Fitr Journey
- Easter Basket
- Xmas Journey
No debt, no pressure, just easy, flexible savings and full rewards delivered when it matters the most. Start your journey today and ChopLife, season after season.
Give your child the gift of thoughtful planning. With as little as N300,000 saved over a year, you unlock exciting rewards like birthday cakes and customised gifts to celebrate your child’s special day. Planning for a newborn? Start saving ahead, we’ll help you welcome your bundle of joy with ease. It’s not just savings. It’s love wrapped in preparation.
Loans
Convenient financing for Micro, Small & Medium Enterprises.
Perfect for registered business owners looking to boost cash flow and expand operations.
Features:
* Competitive interest rates
* Flexible repayment cycle
* Loan amount based on business turnover
* Flexible collateral and tenor
Get access to funds before payday. Ideal for salary earners who need to handle urgent expenses with ease and convenience.
Features:
* Fast access to funds
* Loan based on your net salary
* Repayment tied to your salary schedule
* Flexible terms and stress-free service
Turn your high-value assets (like vehicles or jewelry) into instant cash without the wait.
Perfect for high-net-worth individuals needing quick funding.
Features
* Cash in less than 24 hours
* No long approval process
* Transparent, short-term financing
* Flexible terms and high returns
Investment Packages
Looking for high returns? The Amaka Plan is designed for investors ready to commit ₦5 million and above.
Enjoy up to 28% annual return
Ideal for long-term wealth growth
Backed by reliable, cooperative-managed ventures
Prefer a more flexible option? Our Fixed Deposit offers:
24% guaranteed annual return.
12% biannual returns
Lower entry point(500k minimum)
Peace of mind with secure and transparent management
Let your money work for you safely, steadily, and profitably.
Join us today and invest with ease.
A Shariah-compliant and trusted way to grow your money. We invest strictly in Halal, ethical ventures.
Earnings come through profit-sharing (no interest/riba),with returns ranging from 20% to 32%.
Secure, transparent, and guided by integrity
Join Our Team
At REICo, we’re building more than financial solutions, we’re building people. If you’re passionate about growth, innovation, and making a real impact in the SME sector, we want to hear from you.
Send your CV and experience to reicoinvest@gmail.com
Let’s grow together personally and professionally.
Contact Us
Head office:
Plot 770 Chioma Ejikeme Street,
Suite A5 Innovation Plaza, Wuye Abuja.
📞 0704 033 3727
FAQs
You must be a businessman or woman with good financial records, a salary earner, and a contractor with an NGO or government Agency. You must be 20 years and above.
There are two (2) ways you can apply for a loan
- Come to our office to be attended to
- Call our contact line for an account officer
Yes, the minimum is N50,000 while the maximum is dependent on the borrower’s financial capability.
No! Unless on exceptional cases permitted by the management.
It means debt to income ratio; it enables us to accept or decline the loan.