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Formation

The Multipurpose Co-operative Society was established in 1998  and registered under the Ministry of Industry and Commerce of the Ekiti State Government.

To encourage co-operative investment in order to improve on the social, economic and living standard of Members.

To create funds to be lent to its members at fair and reasonable interest rates; approved by the general body.

To invest its funds not immediately required for business in commercial, ventures, household equipments and real estate concern.

To raise capital within and from outside bodies in the legitimate pursuance of its objectives as proposed by the General body and approved by the Director of Cooperatives.

To provide facilities for regular thrift savings by Members.

To encourage members to plan for their retirement through participation in a contributory Pension Saving Scheme.

To borrow money from any source proposed by the Executive Committee and approved by the Director of Co-operative Services for the productive purpose and benefit of Members.

Any other measure designed on co-operative principle for the benefit of Members.

100+
Membership
1+
Recognitions
100000+
Annual Net
1+
Projects
EXECUTIVE MEMBERS
A line of Experts