Steward Africa

Your Security Is Our Only Priority.

Steward Africa is a peer-to-peer credit banking application that runs on a Microfinance banking License built to accept deposit/payout from any financial institution in the country, create secured groups for rotational savings and credit (ROSCA) , invest regularly daily, weekly or monthly savings in our interest bearing investment account (Thrift Collection) as well as lend money to our credit customers.

StewardAfrica uses the highest levels of Internet Security and encryption to ensure that your information is completely protected from fraud. We have well tested Risk Management principles to manage our group savings and credits (ROSCA) which gives a VaR of ZERO.

All our funds are NDIC insured and our investments are in Risk Free Financial Instruments . Also, we have comprehensive insurance cover by Old Mutual Nigeria Plc on each contribution cycle against job loss, disability or death.

A two level background check is conducted by Steward Africa and a reputable third party background check company which makes our KYC strong.

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BUILDING AFRICA'S LARGEST COMMUNITY-BASED SAVING GROUPS

Open an account/Domicile your Salary Account with us and start saving

What is STEWARDAFRICA?

STEWARD AFRICA IS A ROTATING SAVINGS AND CREDIT APPLICATION [ROSCA] DESIGNED TO PROMOTE "FINANCIAL DISCIPLINE" THROUGH TARGET SAVINGS AND INVESTMENT IN THE MOST "SECURE" WAY. STEWARD AFRICA IS A FINTECH DESIGNED TO CONNECT STAFF OF DIFFERENT ORGANISATIONS WITHIN A DEFINED CITY AS WELL AS ENTREPRENEURS WITH VERIFIABLE BUSINESSES TOGETHER PRIMARILY FOR THE PURPOSE OF SAVING , INVESTING AND CREDIT. OUR PRIMARY OBJECTIVE IS TO PROVIDE AN ALTERNATIVE AND CHEAP MEANS TO CREDIT UNDER THE SUPERVISION OF THE FINANCIAL REGULATORS (CENTRAL BANK OF NIGERIA)

WE RIDE ON THE MANTRA THAT SAYS “TOGETHER WE CAN ACHIEVE MORE” STEWARD FRICA PROVIDES ECONOMIC AND SOCIAL BENEFITS TO OUR CUSTOMERS INCLUDING:

ENABLING ACCESS TO FUNDS FOR UNEXPECTED LIFE EVENTS OR LARGE PURCHASES
ROSCA IS SEEN AS A COMMITMENT PLATFORM. HENCE, IT MINIMISES THE BURDEN OF EXPENSES THAT COMES WITH HAVING READILY AVAILABLE CASH
IT IS BUILT TO MEET THE NEEDS OF THE MIDDLE CLASS IN THE SOCIETY

STUDIES HAVE SHOWN THAT SAVING MONEY IN GROUPS TRIPLES YOUR SUCCESS RATE BECAUSE THE COMMITMENT GIVES YOU THE STRENGTH TO SAVE MORE WITHOUT THE RISK OF USING THE MONEY FOR SOMETHING ELSE.

You need StewardAfrica when:

you want to buy a new car, pay rent, or even buy land, but don’t want to take a heavy loan from the bank.
you've tried to save funds by yourself before but you don’t have the strength and discipline to sustain it.
you’ve joined a Rotational Savings group before but people failed to honor the contract because they were not salary-earners.
When you need salary advance and you dont want to pay high interest rate charged by banks and non-banks
When you want to socialize via our games bonding sessions with professionals outside your immediate work enviroment

Why you should register with STEWARDAfrica today:

ROSCA

Mitigates risk of non payment by ensuring groups are secured.

Easy Registration Process

Uses technology to simplify the process of joining a contribution team any time you register.

Monitor Your Savings On The Go

Allows you to use an online app to manage and monitor your pool and savings anytime, anywhere.

Direct Payment - No Delay!

Ensuring prompt disbursement of payments, without any complex or confusing payment process.

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THE SERVICES WE OFFER

We have created a platform to support Customers to save, invest and connect easily. Our products include ROSCA, Locked Account Savings and our Business/Personal Loans

ROSCA

All our ROSCA groups are secured.

GROUP POOLED SAVINGS

There is room for group saving by all customers at competitive interest rate.

Hence, your funds are secured

PERSONAL/BUSINESS LOANS

Steward Africa as a financial institution also lend out funds at competitive interest rate to our customers to meet their urgent financial needs

LIFESTYLE

One of our unique value preposition is to offer Group Lifestyle Banking where we partner with lifestyle companies to offer our customers Group offerings which will come at a reduced/subsidised prices due to the numbers.This comes in areas of vacation, games, real estate etc.

HOW STEWARD AFRICA ROSCA WORKS

THIS PRODUCT IS BASED ON A PROVEN, CENTURIES OLD PRINCIPLE USED ACROSS THE WORLD, WHERE PEOPLE WOULD GATHER AND SAVE TOGETHER WITH OTHER MEMBERS OF THEIR COMMUNITY TO SUCCESSFULLY ACHIEVE THEIR FINANCIAL GOALS.

OPEN AN ACCOUNT

CREATE TEAM

Create a new team or join an existing one. Choose your preferences and start saving!

CREATE MANDATE

Create a debit mandate on your account by downloading the mandate form from pending team page or use your internal account with Steward Africa as your repayment account, complete the mandate and upload under team of choice.

ACCOUNT MANAGEMENT

Once all mandates are approved, pending team becomes active and all participants get debited monthly with bulk sum paid in a predetermined order.