Frequently Asked Questions

How can I become a member of the Cooperative?

Go to the Cooperative Arm section on the Company’s website, register with your details and accept the terms and conditions.

How can I Save?

After registration, click on savings, go through the rules, make your deposit and upload the Proof of Payment. Simple.

What are the basic requirements for me to be a member of the Cooperative Arm of the Company?

Be 18years and above, have the required ID card and Passport photo and as well have the desire to learn and grow financially.

How long can I save as a member of the Cooperative?

We have the 3 months, 6 months and the 1 year savings. The length of time for the students savings is determined by the student.

When will I be receiving my savings interest?

The same date on a monthly basis that you registered and started your savings.

What is the minimum savings capital?

N100,000 for the 3 months and 6 months savings.
N50,000 for the 1 year savings
No minimum savings capital for the students savings.

Do I need to request for my savings interest on the due date?

No! It will be paid directly into your account which you filled during the registration.

Will I get my savings Capital after the duration I chosed?

Yes, you will. Except you decide to rollover the savings for another tenure in order to continue getting your interest.