oUR sERVICES
Share Holdings
SECCCUL offers shares as a core financial product, giving members the opportunity to invest directly in the cooperative. By purchasing shares, members become part-owners, taking an active role in the growth and sustainability of the union. This means members are not just customers, but stakeholders with a shared interest in SECCCUL’s success.
Shareholding benefits both the individual member and the cooperative. Funds raised through shares help strengthen SECCCUL’s financial base, expand services, and support long-term development. In return, members enjoy financial benefits such as dividends, which represent a share of the union’s surplus, as well as access to improved financial products, including competitively priced loans.
Shareholding benefits both the individual member and the cooperative. Funds raised through shares help strengthen SECCCUL’s financial base, expand services, and support long-term development. In return, members enjoy financial benefits such as dividends, which represent a share of the union’s surplus, as well as access to improved financial products, including competitively priced loans.
Features
Member Ownership
Purchasing shares makes members part-owners of SECCCUL, with voting rights to participate in key decisions that shape the cooperative’s future.
Affordable and Flexible
Shares are priced to be accessible, allowing members to build their investment gradually at a comfortable pace
Secure and Stable Investment
Shareholding is backed by SECCCUL’s assets and performance, offering a reliable and long-term investment option.
Transferable Ownership
Shares may be transferred to family members or eligible individuals, supporting continuity and long-term planning.
Requirements
Active Membership
Only registered members of SECCCUL are eligible to purchase shares and enjoy ownership benefits.
Minimum Shareholding
Members are required to purchase a minimum number of shares to qualify for full ownership privileges.
Ongoing Contributions
Members may be encouraged to make regular contributions to grow their shareholding or maintain access to certain benefits.