AFFORDABLE QUALITY HOUSING WITHOUT STRESS

Housing is paramount to human existence as it ranks among the top three needs of man. It is widely acknowledged that adequate housing is essential for good life. Stable affordable housing provides an important foundation for the economic and social well being of individuals, families, and the communities in which they live. In Nigeria, the story of home-ownership is never cheering, no matter who tells it and in whatever context. With challenges like high cost of land resulting from land charges, high interest rate,  high cost of building materials and absence of a strong mortgage finance system makes  the gap between income and shelter cost in Nigeria very wide thereby eliminating the low-income earners from the housing market.

A solution to this problem, however, is the contribution of cooperative societies towards housing development in Nigeria. A Cooperative Society is an association of persons who have voluntary formed together to achieve a common to the capital required and benefit of the undertaking in which members actively participate

Lashone Links Housing Co-operative Multipurpose Society limited, an initiative of Lashone Links Group of companies is a house ownership actualization and investment society using the power of co-operative and thrift. Duly registered with the Lagos state Ministry of Agriculture Co-operatives and runs independent of the promoters, with fully elected executives,  Lashone Links Housing Co-operative Multipurpose Society limited commenced operation after inauguration on May 29^th, 2012 at The Lagos Airport Hotel.

The cooperative started with the primary objective to promote the economic interest of its members, to encourage regular savings amongst members so that each member may cultivate the habit of making savings at least once in every month, with a view to building up funds for future use, and making loans available to members at fair and reasonable rates of interest for investments in small businesses and properties. Although not without its challenges, the cooperative grew overtime with over 60 members, successfully held its Annual General Meeting in Dec., 2013 and has acquired hectares of land in Abuja, Ibeju Lekki, Simawa, Agbara and Ibeshe so as to make housing affordable for its members.

Lashone Links Housing Co-operative Multi-Purpose Society Limited meet every last Sunday of the month by 3pm. For more information, call 08039733800 or visit Lashone Links Housing Co-operative Multi-Purpose Society Limited at Plot 411b, Omofade Crescent, Omole Phase 1(Gate), by Lateef Jakande road, Agindingbi, Ikeja, Lagos.