Osogbo, Osun State – 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 online.
Speaking at the event, 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 1, 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,” Badewole emphasized. “Our team is here on-site to facilitate onboarding for interested participants.”
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.
Organized by the Osun SDG Team, led by Mr Bamikole Omishore under the leadership of Governor Ademola Adeleke’, the event underscores Osun’s commitment to sustainable development through creativity and entrepreneurship.
Badewole concluded his remarks by expressing gratitude to the attendees and the organizers. “Thank you for your time, have a great deliberation, a wonderful conference, and may God bless the people of Osun State.”
The ₦500 million pledge is expected to accelerate growth in Osun’s creative industry, laying a strong foundation for sustainable economic development in the state.