Diaspora Target Savings Account (DTSA)
Are you looking to achieve your financial goals while staying connected to your roots? Look no further than the Diaspora Target Savings Account, designed specifically for individuals like you who want to save smartly and support their homeland. Whether you’re planning for your future, wants to embark on real estate construction anywhere in Nigeria, purchase of an asset, supporting your family back home, or investing in your community, our account offers a range of benefits tailored to your needs.
Features of Diaspora Target Savings Account
Features of the DTSA
- Confidentiality of the Trust and safety of assets are duly preserved.
- Activities undertaken under the Trust are subject to a pre-agreed project template that would be drawn up in a legally binding document called an Investment/Trust deed.
- Project report and progress will be made available on demand at any time.
- For real estate investments (Land purchase or building construction] such will be undertaken and carefully supervised by WOODHALL FINANCE, leveraging on other professionals and accredited business partners.
- For purchase of an Asset, payment is made directly to our accredited vendors and delivered to your desired destination.
- Option of a lump sum or flexible fixed contributions over time, or even a standing payment order through your bank.
- Professional management and guidance on achieving your Target objective.
- Online access to view account.
Benefits of the DTSA
- Confidentiality of the Trust and Assets are preserved
- This product relieves our customer of any stress and anxieties often experienced in undertaking investment back home while abroad
- Funds can either be invested in USD or Naira denominated assets at the preference of the client.
- The investment target is assured in line with your mandate/instruction
- Flexible entry and exit option of Investment.
- Management of your assets while alive and upon demise.
- Asset distribution and speedy transfer of assets to heirs or beneficiaries in advent of demise of the customer.
- Investment target generates interest at prevailing market rate.
Advantages of the DTSA
Diaspora Target Savings Account (DTSA) will allow different stakeholders/investors who live abroad to save the money they may want to use in the execution of certain projects e.g. building construction, land purchase, cars purchase, furnishing of houses, etc.
The advantage is that at the point where the savings target is achieved and complete, the investor will instruct Woodhall Finance to start the project execution or purchase of an asset and Woodhall Finance will help with the execution of the project from beginning to the end. Woodhall Finance will arrange for every worker that will execute the project the investor had in mind before embarking on the Diaspora Target savings.
Woodhall Finance Investment Note
This will allow stakeholders/investors from different sectors and assured of interest and guaranteed principle repayments. This product will help WOODHALL FINANCE to mobilize multiple funds to promote long & medium-term investments for our customers.
Investment Note
Issued by WOODHALL FINANCE in consideration of the investment provided by the investor upon the terms of WOODHALL FINANCE agreement, funding contract and the terms and conditions of the “Investment note”.
Your Investment, Your Schedule
The holder of an investment note may decide on the interests will be paid monthly, quarterly, semi-annually or annually or upon maturity as specified upon issuance and confirmed in confirmation statement. The longer the maturity term the higher the rate. The minimum tenure for an “Investment Note” would be 2 years.
Key Terms
The investment Note signed between WOODHALL FINANCE and the investor will bear the following; a) Asset class-Fixed Income, b) Inception- Year, c) Note balance-NGN, d) Financial returns- rate(%) at terms of 2-10yrs, e) Impact-measured consistently and report (monthly, quarterly & annually), F) performance-100% repayment principle & interest, i) Fees- fees may be applicable where necessary, j) confirmation statement
Woodhall Finance Certificate of Deposit WHCD
A certificate of deposit (Fixed Deposit), is a fixed income vehicle that will be offered by WOODHALL FINANCE with maturities of less than 5 years.
It provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time.
Top-paying certificates of deposit pay higher interest rates than the best savings and money market accounts in exchange for leaving the funds on deposit for a fixed period of time.
- The interest rate will be locked to provide a clear and predictable returns (subject to Central Bank policy) on the deposits over a specific period of time. This rate will not be changed; therefore, the investor will have constant earnings to his/her deposits.
- The principal is the amount the investor agrees to invest as deposit and is given a certificate deposit. Therefore, WOODHALL FINANCE will determine the aspects of the agreement, such as early withdrawal penalties (EWPs) and whether the investor’s CD will be automatically rolled over, if the investor doesn’t provide other instructions at the time of maturity.
- The term will be the length of time the investor agrees to leave their funds deposited to avoid any penalty (1 month, 2 months, 3 months, 6-month CD, 12- month CD, 18-months CD, etc). The term ends on the maturity date when the CD has fully matured and withdraw the funds penalty free.
- Although the investor can lock into a term of duration when opening a Certificate of Deposit, there are options of early exit should an investor encounter any emergency or change of plan.
- We could also have a short term fixed deposit of a minimum amounts to NGN 10,000 for a maximum of 1 year.
Woodhall Finance Savings Plan (WHSP)
The saving plan is an incentive to cultivate healthy savings and investing habit especially to young Nigerians.
It will cater to a wide demography and encourage individuals to invest for various milestones of life such as retirement, education, rent, marriage etc.
They are ideal for long term wealth creation as they come with certain lock-in period and offer good returns.
They are not impacted by market volatility, they are safer investment options, ideal for a conservative investor.
Features of the WHSP
- It’s a saving scheme offered by WOODHALL FINANCE designed to encourage savings by making regular deposits either by individuals or saving groups. This particular product is to attract tailored savings such as retirement savings, education savings, marriage savings, household item, education, rent, medical, Annual savings project (Esusu) embarked by a group etc.
- This saving plan can be customized as per the requirement of individuals who have varied financial objectives. Interest returns as per tenure of saving can be made lucrative to attract savings.
- The minimum investment tenure for any “saving plan” could be 3 months to 10 years.
- Premature draw up of 30% investment could be allowed once during the lock-in period.
- Deposit could be of lumpsum or choose to make deposits in installments and a minimum of NGN 100,000 will be eligible to earn interest.
Features of the WHSP
How Can Our Team Help You to Reach Your Goals
Tailored Financing for Every Ambition
We design personal loan solutions that reflect each client’s unique financial goals. Our structured approach ensures access to capital with flexibility, transparency, and precision.
Responsible Lending, Sustainable Growth
Every loan is assessed with a long-term view, aligning borrowing capacity with financial wellbeing. We empower clients to achieve progress without compromising future stability.
Streamlined Access and Expert Guidance
Our process combines efficiency with insight. From application to disbursement, clients benefit from a seamless digital experience and dedicated advisory support at every stage.
Building Trust Through Financial Integrity
We uphold the highest standards of governance and ethical lending. Each engagement is guided by fairness, accountability, and an unwavering commitment to client success.
