Society’s sources of funds include:

i.     Member Savings: This is directly deducted from members’ monthly savings. Members’ savings must be drawn on monthly basis.

ii.   Share Capital: Every member is expected to contribute a minimum of N20,000 as share capital sum with the society. Every holder of this share is entitled to an annual return on the profit from such contribution to be shared during the society’s AGM. The fund is refundable on request by the owner. {Click here for share capital application form}

iii.  Interest on fixed deposits.

iv.  Interest on loans

v.    Interest on trading

vi.  Interest on other investments.