Program Analyst
January 29, 2025
FewChore Finance Pledges ₦500M to Support Osun SDG Creatives at Maiden Osun SDG Creative Conference
NEWS RELEASE
IRAGBIJI – 29/01/2025 – Osunstate.gov.ng
FewChore Finance Company Limited, a leading CBN-licensed financial institution, has announced a groundbreaking ₦500 million pledge to support creative entrepreneurs in Osun State under the Osun SDG Creatives initiative. The announcement was made on the first day of the maiden edition of the Osun SDGs Creative Conference, which hosted over 500 participants in-person and attracted twice that number virtually.
Speaking at the event, Governor Ademola Adeleke expressed his excitement at the initiative that offers platform to celebrate creativity, innovation, and the immense potential of Osun people.
Governor Adeleke reaffirmed his administration’s commitment to nurturing the creative economy and its vital role in achieving the Sustainable Development Goals (SDGs) by 2030, adding that “Creativity and innovation are critical to building a sustainable future, and Osun State is ready to lead this charge”.
The Governor urged participants to seize this moment of the conference to work together, foster collaboration, and build a thriving creative ecosystem that drives sustainable development.
“Today, we are here to reaffirm our commitment to nurturing the creative economy and its vital role in achieving the Sustainable Development Goals (SDGs) by 2030. This initiative reflects our vision of an Osun State where culture meets innovation, tradition meets progress, and creativity becomes the engine of sustainable development.
“To the creators, thinkers, and visionaries in this room today, you are the torchbearers of this future. The stories you tell, the art you create, and the solutions you design will not only transform Osun but also inspire the world.
“Let us seize this moment to work together, foster collaboration, and build a thriving creative ecosystem that drives sustainable development and prosperity for all”. He concluded.
Organized by the Osun SDG Team, led by Mr Bamikole Omishore, the Special Adviser to Governor Ademola Adeleke on SDGs and Multilateral Relations, the event underscores Osun’s commitment to sustainable development through creativity and entrepreneurship.
Speaking earlier, Oluwafemi Muyiwa Badewole, Executive Director of FewChore Finance, expressed the company’s commitment to empowering creatives and driving economic growth in Osun.
“We are thrilled to be a platinum sponsor and partner for this impactful conference. This ₦500 million pledge is a testament to our belief in the potential of Osun creatives to contribute significantly to sustainable development,” Badewole stated.
The fund, set for disbursement beginning March 1st, 2025, is tailored specifically for Osun creatives. Each Small and Medium Enterprise (SME) in the sector can access up to ₦500,000, with repayment periods ranging from 9 to 18 months. The initiative is expected to support at least 1,000 creative businesses across the state.
FewChore Finance, a ₦20 billion enterprise rated investment-grade BBB+ and BBB- by DataPro and Agusto, respectively, has disbursed over ₦90 billion to more than 15,000 customers since its inception in 2018. The company specializes in providing loans and financial advisory services to high-net-worth individuals, SMEs, retail customers, and the public sector.
“Our digital platform, FewChoreMobile, ensures that account opening, loan disbursement, and repayment processes are seamless. Our team is here on-site to facilitate onboarding for interested participants.” Badewole emphasized
The Executive Director also shared the company’s plans for expansion into Osun State. “While we are currently operating out of Lagos, Abuja, and a newly opened Ibadan branch, it is our hope that by the second edition of this conference, I will be able to announce that our Osogbo branch is operational, making it easier for us to serve the people of Osun,” he revealed.
The Osun SDGs Creative Conference, a landmark event designed to foster innovation and sustainability in the state’s creative sector, has been widely praised. The conference provides a unique platform for emerging and professional talents to showcase their work, network, and gain access to vital resources.
Signed:
Mallam Olawale Rasheed
Spokesperson to the Executive Governor
