C.I.S is the acronym for Community Investment Strategy, whereby a group of like minded individuals pull resources together and invest it into profitable, but ethical businesses. it is different from the normal asset management portfolios in several ways
the size of a C.I.S shareholding base shouldn't be more than 20, with investments not exceeding 50 million naira. investments should have a moral standing, and since a C.I.S is non taxable, its licensing is hard to get.
M.C.L. has obtained a license, and with the approval of SMEDAN, has started its advertisement for potential investors in three investment portfolios; water bottling, food packaging and food processing.
contact Jesuit on 07032266881 for further details
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