To be a full member in this Cooperative, you must:
- Obtain a Membership Application Form for N500. Pay Registration fee of N2000. This will entitle you to an ID card, and a passbook.
- Buy a minimum Share of 5000 units (equivalent of N5, 000). This is your share capital in the Cooperative. As a Member, you can buy shares up to 200, 000 units (equivalent of N2million)
Save a minimum of N3000 monthly (this is regarded as Your Ordinary Savings - YOS).
A partial member is one who has not bought shares but only participates in ordinary savings and special savings.
Fled Cooperative Account Details:
Name: Foundation for Leadership & Education Development
Naira A/c No: 224 203 8028.