PRALARG International launch soft loans for members, others

• pralarg
• January 25, 2026

Prisons Rehabilitation and Law-Abiding Organisation (PRALARG) International launch a Multipurpose Cooperative Society for its members and other beneficiaries.

The Chief Executive Officer of PRALARG International, Comrade Pralagian Olayemi Akinwunmi, said in a statement that members of the organization would be the take-off beneficiaries of the empowerment initiative, before it is extended to other members of the public.

He said: “PRALARG International would like to inform the general public, stakeholders, and all registered members of its intention to launch a Multipurpose Cooperative Society aimed at deepening its empowerment objectives and improving the socio-economic well-being of individuals and communities.

“This cooperative society is designed as a non-interest loan cooperative, with a primary focus on empowering PRALARG International members as the take-off beneficiaries. Through this initiative, members will have access to soft loans without interest to support small businesses, entrepreneurship, skills development, and other productive ventures that can make life easier and more sustainable,” he added.

Comrade Akinwunmi further stated that, in line with the organisation’s long-standing commitment to human dignity and social justice, the empowerment initiative would be expanded to include inmates and the general public.

He said: “PRALARG International also wishes to announce its broader empowerment plans, which include empowerment programmes for inmates and the general public. These programmes will be rolled out progressively as part of the organisation’s holistic approach to uplifting the downtrodden and promoting self-reliance.

“The establishment of this cooperative society marks a significant step towards achieving PRALARG International’s mission of true empowerment beyond handouts, enabling individuals to grow, become self-determined, and contribute meaningfully to society.”

Further details regarding membership registration and operational guidelines are available on their official website https://pralargcoop.com/.

For inquiries and participation, interested persons are advised to contact PRALARG International through its official communication platforms https://pralargcoop.com/.