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Add Voluntary Pension Contribution to Saving Cum other Investments in United State of America for people of 50 and older.

People of 50 and older are encouraged to add voluntary pension contribution targeting at retirement and start up business.

Photo of Adisa Adeniyi
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Workers who are 50 and older are encouraged to save enough for their retirement age so as to have enough savings at their old age. This can be done by adding voluntary contribution to their pension on monthly basis. They can now invest whatever they have apart from the above in stock,real estate or investment of their choice. Learning vocation or trade is another way of creating multiple source of income.

This will definitely create another product(s)/Service(s) to credit union/pension house as people below 50 can plan their retirement, traveling and the cost of setting up their business after 50. 

This project is to be implemented in collaboration with relevant agency in United State of America in collaboration with credit union. 


The approach shall be combination of conventional and online seminar,workshop and training targeting people of 50 and older which is going to be an interactive one. Technology including software will be used to plan the future of 50 people and older.

The content of the seminar/workshop/training are: vocational training, discussing on trading and opportunity in the environment. Participants shall be encouraged to belong to investment club so as to update their skill.


Efforts will be made to continue in grant writing, seeking donation, corporate sponsor etc. Guildance Community Development Foundation a registered charity in state of Texas is well position to implement this idea.

The Founder Mr Adisa Kabiru Adeniyi shall champion this.

Who is Mr Adisa Kabiru Adeniyi

Kabiru is a qualified accountant in Nigeria. He holds Higher National Diploma in Accounting from Osun State Polytechnic, Iree in Osun State, Nigeria. Kabiru has held various senior executive roles ranging from Kabee Luxury Intercontinental Limited (Chief Executive Officer),Guildance Community Development Foundation President General/Founder),Karrington Group (Management Accountant),Zoom Mobile Limited (Senior Accountant),Stallion Home, Loan and Savings Limited (Manager Account) and Y.A Adisa and co Chartered Accountants. He is a member of Institute of chartered Accountants of Nigeria (ICAN) and Associate member Nigeria Institute of Management (Chartered) NIM. Mr. Adisa Kabiru Adeniyi was enrolled as a member of the Institute of Chartered Accountants of Nigeria in 2007 and has an experience of several years in almost every facet of the accounting, auditing and consulting profession. He is an ardent finance professional who is well versed in tax laws, commercial laws, company law, accounting and auditing standards, management consultancy, information system audit, information system consulting, mergers and acquisitions, risk management, representative offices, General Office Management etc. and providing services to the wide spectrum of clientele when in auditing firm.

 Awards Won with Dates:

    1. Federation of Iwoland Student’s Union (FILSU) National Headquarters Award as Outstanding Community Developer on 21st November, 2015.
    2. Iwo Action Council (IWAC) Son of the Night on 19th December, 2015.
    3. Islahudeen Society of Nigeria Akeukewe Youth Wing Award as ‘The Yolk of Muslim Ummah’ on 27th December, 2015.
    4. Institut Littoral Des Etudes Professionelles Superieures (ILEPS) Award of Excellence in recognition of his contribution to humanity on 4th June, 2016.
    5. Thought For Food (TFF) Ambassador- 27th July, 2016.
    6. International Chartered World Learned Society, United State of America: Award as Ambassador Community of 21st Century on 17th September, 2016
    7. Food Revolution Ambassador of Jamies Food Revolution, 23rd September 2016.
    8. Airtel Nigeria Touching Lives Season One in 2014.

Monitoring and Evaluation

Guidance Community Development Foundation shall ensure strict monitoring and evaluation of this project in conformity with international standard which will be inform of internal and external.

This organization operates with transparent openness and accountability and will monitor the dynamics of inputs and process of this project professionally and be sensitive to confounders (hidden factors) that may affect or influence our expected outcome.

Financial Management

Accounts are audited by internal auditor on quarterly basis and by a Chartered Accountant firm on a yearly basis.GDCF are going to keep required books of accounts and maintain a double entry book keeping system.  The project will have programme wise ledgers and maintains cashbook and program related records.  Besides this the project will also maintains assets register and log books. The project will be audited quarterly by internal audit.

What is a provocation or insight that might inspire others during this challenge?

Any worker that spend everything without savings or investment will definitely have his or herself to blame while those that save for future will live a better life that encourage others. Credit union may see this as an avenue to create new products targeting people of 50 and older in preparation for their: start up cost, retirement plan and travelling cost of sourcing for technical assistance.

Tell us about your work experience:

Kabiru is a qualified accountant in Nigeria. He holds Higher National Diploma in Accounting from Osun State Polytechnic, Iree in Osun State, Nigeria. Kabiru has held various senior executive roles .

Specifically, please check all that apply:

  • I'm not currently involved in a credit union, but am curious to learn more!


Join the conversation:

Photo of Kate Rushton

Hi Adisa, interesting post! Any chance you could find an image to go along with it? Images help grab attention and tell a story. You should be able to use the Edit Contribution button on the top of your post and follow the instructions to add images from there. Looking forward to seeing more of your inspiring insights on OpenIDEO.

Photo of Adisa Adeniyi

Kate Rushton, thank you. Image now added.

Photo of Adisa Adeniyi

Kate Rushton, kindly look at my idea again for your inputs