Frequently Asked Questions (FAQs)
To provide further clarity, here are some common questions prospective members often ask:
To become a member of whiteshadows Cooperative, you need to purchase a minimum of 100 shares at ₦1,000 per share. You can contact our customer service team to guide you through the application process.
Dividend earnings commence six months after your share capital becomes active. This period allows your investment to start generating returns through our agricultural projects.
Yes, members have the option to reinvest their dividends to purchase additional shares, thereby compounding their returns over time.
There is no upper limit to the number of shares you can purchase. However, the minimum purchase is set at 100 shares.
Dividends are calculated at a rate of 9% per quarter on the total value of your shares. For example, if you own 1,000 shares valued at ₦1,000 each, your quarterly dividend would be ₦90,000.
Members can sell their shares back to the cooperative or to other interested investors. The terms and conditions for selling shares are outlined in the share certificate provided upon purchase.
Members enjoy a discount of 20% to 35% on produce purchased for personal or family consumption. There is a limit to the quantity that can be purchased at a discounted rate to ensure fair distribution among all members.
Yes, members are welcome to visit our farms and facilities to see firsthand the operations and practices that contribute to their investment returns. We conduct regular tours and open days for our members.
As with any investment, there are risks involved. However, whiteshadows Cooperative employs advanced agricultural techniques and diversified investment channels to mitigate these risks and ensure stable returns.
The cooperative is governed by a board of directors elected by the members. The board is responsible for making major decisions and ensuring that the cooperative’s operations align with its mission and goals.
Members receive regular updates on their investments, access to customer support, and invitations to cooperative events and training sessions. We strive to ensure that our members are well-informed and supported throughout their investment journey.
Yes, members can transfer their shares to another individual, subject to the terms and conditions outlined in the share certificate. The cooperative’s administration can assist with the transfer process.
Members can request to withdraw their investment by selling their shares back to the cooperative or to other interested investors. The withdrawal process and any applicable terms will be detailed in the share certificate and cooperative bylaws.
Still have you any problem for solutions?
Head office address:
Call for help:
(843) 971-1906
Mail for information:
noreply@consultio.com
