- After ten (10) years of operation(2010) our Board and Management decided to start giving back to our members for their dedication and patronage. So in addition to dividends we have been paying 10% of Registration fees of our new members to the member clients and staff who referred them to us. However, twenty one (21) years down the line, general meeting had approved the recommendation of the Board and Management for the addition of the following as a means of encouraging our members for being there over these years and for their efforts in creating new membership vide referrals.
- 10% registration fee of the new member introduced by you.
- Creation of the following new membership status and their attendant benefits
- Bronze Membership Status Requirements
- Introduction of minimum of 50 new members or current year deposit turnover of above N20million Naira only (including Loan repayment and Special Savings/Fixed Deposit)
Entitlements:
- 10% membership referrals benefit
- Half bag of rice
- 1 carton of noodles
- Salt, maggi, tomato e.t.c (1 pack each)
- Bronze membership plaque/certificate
- Loan interest at 4.5%
- Silver Membership Status
- Additional 50 membership referrals or current year deposit
- Turnover of above N40million naira only (including Loan repayment and Special Savings/Fixed Deposit).
Entitlements
- 20% membership referral benefit
- One bag of rice
- 2 cartons of noodles
- Salt, maggi, tomato e.t.c (1 pack each)
- Loan interest at 4%
- Gold Membership Status
- Additional 50 membership referrals or current year deposit or current year turnover of above N60million(including Loan repayment and Special Savings/Fixed Deposit).
Entitlements
- 20% membership referral benefit
- One bag of rice
- 2 cartons of noodles
- Salt, maggi, tomato e.t.c (1 pack each)
- Loan interest at 3.5%
- Diamond Membership Status
- Additional 100 membership referrals or current year deposit or current year turnover of above N100 million(including Loan repayment and Special Savings/Fixed Deposit).
Entitlements
- 20% membership referral benefit
- 2 bags of rice
- 5 cartons of noodles
- Salt, maggi, tomato e.t.c (5 packs each), stock fish, vegetable oil
- Loan interest at 3%
Additional Entitlement
- Life silver member provided that there is activity in his membership account
Terms and conditions apply including annual renewal of membership.