Category Archives: Letter writing

How to write Letter of Financial Assistance (with Sample)

I have shown you how to write Application letter for job vacancy in Nigeria in my previous article. Today, I will show you how to write letter of Financial Assistance or support with sample.

Letter of Financial Assistance
Writing Letter of Financial Assistance

There are many reasons why you may find yourself needing to write a financial Assistance letter. Letter of financial assistance is written when seeking for financial aid or support for grants. Again, if you need monetary assistance from variety of organizations such as businesses, companies, ministries, local church as well as friends, relatives or family to;

  • start up a personal business
  • enrol into higher institution or complete education
  • travel out of the country
  • finance a project or an event etc

Read this: 10 Ways to Raise Funds to Start Business in Nigeria

Whatever your intension(s) is/are for seeking financial assistance, the format for writing the application letter is always the same.

First let’s look at the parts of Financial Assistance letter;

  • Your address; this should be your contact address.

Example;  12 Ovim Street,

Indepence layout,

Enugu.            

  • Receiver’s address

Example;   The manager,

Firstbank of Nigeria,

Okpara Avenue,

Enugu.    

  • Salutation

Example;         Sir/Madam,

Dear sir/Madam

  • Title of the Application Letter

Example;         Letter of Financial Assistance for Medical Treatment

Request for Financial Support

  • Body of the letter and conclusion

The body of the letter should be explicit and direct to point. Tell them what you need the money for, the amount, how you will spend it and what they will gain or expect from you at the end.

  • Closing

 Example;        Yours faithfully,

Mathew Martins

Here is a sample of letter for Financial Assistance intended to serve as an example for an entrepreneur seeking to raise financial support to start up a business from her local church.

Sample of Letter for Financial Assistance from Church

                                                                               Nze Victoria

                              No 24 Oba Street,

                              Ogui Urban,

                              Enugu,

                              Enugu State.

                              6th November, 2018.

The Welfare Committee Chairman,

Christ Redemption Anglican church

Ogui Enugu.

Dear Sir,

      LETTER FOR FINANCIAL ASSISTANCE

My name is Nze Victoria. I am from Nkplogu in Uzo-uwani L.G.A in Enugu State. I am a member of Christ Redemption church and also one of excos member of Young Peoples’ Fellowship (2018-2020), particularly in decoration/event planning committee.

I am into fashion and designing.  I specialise in sewing of female clothes, decoration and baking. I have been working for people since 2017 after my training. I have gained a working experience within this period and wish to start my own business.

I have been able to buy sewing machine and cutting table but I am yet to purchase pressing iron and clothing which may cost me about fifteen thousand naira (₦15,000). I have made inquiring about cost of renting a shop; the cost for a shop per year, agent and lawyer fees ranging between one and forty thousand naira to one and sixty thousand naira (₦140,000 - ₦160,000). In regard to this, I have been able to save thirty thousand naira (₦30,000).

I kindly plead to the church to assist me financially with the sum of one hundred and thirty five thousand naira (₦135,000) to enable me rent a shop, buy pressing iron and clothing to start the business.

My parents are late and do not have any close relative who could help me. I believe that starting my own business would be of a great relieve and also enable me to purse my educational career. Currently, I am living with a friend and hope to rent an apartment in near future if I start the business.

I will be very grateful if my request is granted.

 Thanks.

Yours faithfully

Nze Victoria

070xx609953

Read Also: Samples of Nigerian Job Application Letter

Here is a sample of letter for Financial Assistance intended to serve as an example for a student seeking to raise financial support for his/her Education.

Sample Letter for Financial Assistance for Education

                                                                                No 38 Marina Road,

                               Lagos Island,

                               Lagos

                               6th November, 2018.

The Welfare Committee Chairman,

Divine Grace Ministries,

Ojoo 1, Ibadan.

Sir,

     REQUEST FOR FINANCIAL ASSISTANCE

I am Obafemi Martin, son of late Obafemi Ogundele Marshal. I am from Mokala in Ibadan North L.G.A., Oyo-Ibadan. I am a member of Divine Grace Ministries and also active member of Boys Brigade association in Divine Grace Ministries.

I recently gain admission into the University of Ibadan to study Medicine and Surgery.  I have paid for my acceptance and accommodation fee but I’m saddled with the payment of the school fees which is one hundred and twenty thousand naira (₦120000).

I kindly plead with the church to assist me financially with the sum of one hundred and twenty thousand naira (₦120000) to enable me continue with my education. I hope to start up a side business while in the university even though it will not be easy combining academics with business. However, this is to enable me pay for any further fee.

My parents are late. I do not have any close relative who could help me. My friends I was hoping on disappointed me. I believe that starting a side business would be of a great help and also enable me to purse my educational career.

I will be very grateful if my request is granted.

 Thanks.




Yours faithfully

Obafemi Martin

0701xx09953

Sample Letter Asking for Financial Assistance for Medical Treatment

 

                                                                              No 24 Nzerem Street

                             Oyibo,

                             River State.

                             6th November, 2018.

The Managing Director,

Young Brothers investment ltd,

FCT

Abuja.

Dear Sir,

    REQUEST FOR FINANCIAL ASSISTANCE

With all due respect sir, I humbly seek for your financial assistance. My father had severe heart attack last week and doctors have asked for the open heart surgery.

 I am the only person who is earning in my family. The doctors have given us an estimated hospital bill of three hundred thousand naira (N300,000) for the surgery and have asked us to deposit sum of Two hundred thousand naira (N200,000) as his condition requires immediate operation .

I am in a miserable condition right now; not knowing whom I will run to for financial assistance. Sir, you have been so kind to my family. I shall forever remain grateful! I shall be really thankful for this act of kindness, looking for a positive response.

Yours Sincerely,

Bro Onuh James

(ON BEHALF OF ONUH’S FAMILY)

Letter of Assistance for Money, Letter for Financial Help and Financial Aid Appeal Letter Sample

BLESSED IWENE TANSI CHAPLAINCY

GIRLS’ GRAMMAR SCHOOL BENIN

SECRETARIAT P.O 345, MAIN CATHEDRAL, BENIN, EDO

 

APPEAL FOR FINANCIAL ASSISTANCE

 The Youth wing of Blessed Iwene Tansi Chaplaincy write to solicit your support as we prepare to hold our FIRST ANNUAL YOUTH WEEK AND BROCHURE LAUNCHING, which will hold within the third week of December 2019. The estimated amount for the cost of the youth week activities is sum of one hundred thousand naira (₦10000)

This is to enable us meet up with our programme and ensure a successful hosting of the activities. We hope to hear from you by November ending

We pray God to reward you abundantly as you support us. No amount is small. God loves a cheerful giver.




                                                                                                                                           ---------------        ---------------
Chairman Youth Wing      Secretary Youth Wing
                
----------------------

     Rev.Fr. XXXXXX.

Check out this: How to prepare for an interview

With above examples of financial assistance letter, I believe you will be above construct your own letter of financial support. You can also permitted to copy any of letters above and edit and replicate it to suit you.