Kolo: money saving scheme in Nigeria.

Nigerian Billionaires have said that one of the ways they built the foundation of their wealth was through savings. Asides the popular understanding that savings is important because of rainy days, they also made us understand that savings usually serve as an easy access seed money for small business establishment.

From experience, and having worked with hundreds of entrepreneurs and youths in general, I (Iyalode) understand how difficult it is to have a workable savings plan in Nigeria. And this is why we (myself and my team) present this easy fix save-it-yourself model. Piggy box savings (or kolo) is not a new concept, however we understand that going afrocentric and introducing affirmations can make savings an attractive activity as well as encouraging.

Koloibadan is a brand situated in Ibadan, with a goal of making savings fun and easy for her clients. And as such, we present an afrocentric piggy box brand with hopes of keeping us connected to our African roots while encouraging a savings culture.

Of course, discipline is key and would be important in making the savings goal a reality.

Koloibadan has special categories of piggy saving designs which include for adult men, women, and children. Napoleon noted that if we want our children to understand the science of money, we (parents) would need to take up the responsibility of teaching them because it won’t be taught in school or at any 9-5.

If you will like to join our kolo-saving-community from just N5,000 only, please call or send a WhatsApp chat via 08038597411. We would love to embark on this wealth building, discipline infusing journey with you.

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