Cooperative Direct Investment (CDI) by White Shadows Cooperative is a distinguished investment opportunity designed for registered members of the cooperative community seeking to enhance their financial portfolios.
With a commitment to transparency, flexibility, and competitive returns, CDI offers members a secure platform to grow their investments while fostering community participation and cooperation.
White Shadows Cooperative Direct Investment (CDI) provides an exclusive avenue for members to invest in their financial future, with a minimum investment sum of #500,000 and subsequent multiples of #500,000. Investors can benefit from a competitive interest rate of 10% per month, offering the potential for substantial returns over the investment period.
To ensure clarity and accountability, CDI includes a provision for issuing CDI certificates to investors, providing a tangible record of their investment in the cooperative. These certificates serve as proof of ownership and investment details, enhancing transparency and investor confidence.
In addition to the financial aspects, CDI offers a straightforward approach to investment management, with a 7.5% VAT charge on receivable interest and a flat rate of 2.5% administration charges payable upfront. This fee structure is designed to cover operational expenses and ensure the sustainability of the investment program.
At the conclusion of the minimum 3-month investment cycle, members have the option to either withdraw their investment or roll it over for another cycle. For investors opting for a rollover, a 50% discount on administration charges is applied, making it an appealing choice for maximizing returns.
Moreover, any VAT charges incurred are deducted from the interest income of the 3rd month, simplifying tax obligations for investors and streamlining the investment process. Capital withdrawal requests are processed promptly within 14 days of application, enabling members to access their funds efficiently when needed.
To become a registered member, you can reach out to our cooperative office for membership application forms and guidelines. Once your membership is approved, you can start exploring investment opportunities like CDI.
The minimum investment sum for CDI is #500,000, and investments must be in multiples of #500,000 to participate in the program. This ensures uniformity and efficiency in managing investments within the cooperative.
CDI certificates are issued to investors upon completion of their investment in CDI. These certificates contain details such as the investor's name, investment amount, tenure, interest rate, VAT charges, administration fees, and any other relevant information pertaining to the investment. They serve as a formal acknowledgment of the investor's participation in the CDI program and provide a tangible record of their investment within the cooperative.
If you opt to roll over your investment for another cycle, you will benefit from a 50% discount on the administration charges applicable to the new investment period. This discount is designed to incentivize investors to continue their participation in the CDI program and maximize their returns over time.
The VAT charge of 7.5% on receivable interest is deducted from the interest income of the 3rd month. This ensures that investors are aware of and prepared for any tax obligations related to their investment returns and simplifies the calculation and payment process for VAT charges.
To initiate a capital withdrawal, you must submit a formal application to the cooperative office. Withdrawal requests are processed promptly within 14 days of application, ensuring that members have timely access to their funds when needed. This streamlined process is designed to provide investors with liquidity and flexibility in managing their investments.
Yes, you have the option to reinvest your returns from CDI back into the program either by rolling over your initial investment or by making a new investment with the returns earnedplus the difference to make up another multiple of #500,000. This flexibility allows you to compound your earnings and optimize your investment strategy within the cooperative.
CDI reflects the cooperative's commitment to fostering community participation, transparency, and financial empowerment among its members. By offering a structured investment opportunity with competitive returns and clear terms, CDI promotes cooperation, trust, and shared prosperity within the cooperative community.
Yes there are. Penalty applies for early withdrawal of your CDI as well as forfeiture of all accrued benefits or interest income. It is important to note that the investment is structured with a minimum tenure of 3 months. While early withdrawal is allowed, cooperator investors may not receive the full benefit of the investment term and potential returns if withdrawn before the completion of the minimum tenure. All withdrawal, early or mature is processed within 14 days of formal notice.
Interest payments for CDI investors are typically disbursed on a monthly basis. Investors can expect to receive their earned interest at the end of each month, providing a regular stream of income during the investment period.
Yes, investors can monitor the performance of their CDI investment and track their returns through regular statements and updates provided by the cooperative. These statements contain detailed information on investment performance, interest earnings, VAT charges, administration fees, and other relevant data to help investors stay informed about their investment progress.
There is no specific limit to the number of CDI investments a member can hold simultaneously; however, it is essential to consider diversification and risk management strategies when managing multiple investments within the program. Members are encouraged to assess their investment portfolio and risk tolerance to make informed decisions about their CDI investments.
CDI aligns with the cooperative's commitment to social impact and community development by empowering members to invest in their financial future and contribute to the cooperative's collective growth. The returns generated from CDI investments can support various community initiatives, cooperative projects, and sustainable development goals, fostering a sense of shared prosperity and social responsibility among members.
White Shadows Cooperative implements robust security measures and internal controls to safeguard CDI investments and protect the interests of investors. These measures may include regular audits, compliance checks, transparency protocols, and risk management strategies to ensure the security and integrity of CDI investments within the cooperative framework.
Mrs. Chinyere, a diligent member of the White Shadows Cooperative, decides to invest #500,000 in the Cooperative Direct Investment (CDI) program. Let’s walk through the steps and outcomes of her investment journey:
Initial Investment Details
Breakdown of Earnings and Deductions
Initial Setup
- *Admin Charges*:
– ₦500,000 x 2.5% = ₦12,500 (paid upfront, not deducted from investment)
Monthly Earnings
- Monthly Interest:
₦500,000 x 10% = ₦50,000
Earnings Over 3 Months
Month 1 Net Interest*: ₦50,000 (no VAT deduction)
Month 2 Net Interest*: ₦50,000 (no VAT deduction)
Month 3 Gross Interest*: ₦50,000
Total VAT for 3 months: ₦50,000 x 7.5% x 3 = ₦11,250
Net Interest for Month 3*: ₦50,000 – ₦11,250 = ₦38,750
Total Net Earnings After 3 Months*:
₦50,000 (Month 1) + ₦50,000 (Month 2) + ₦38,750 (Month 3) = ₦138,750
ROLLOVER OPTIONS
We have:ROLLOVER and ROLLOVER PLUS.
Here’s a detailed explanation of the two rollover options for Mrs. Chinyere:
ROLLOVERinvolves reinvesting the initial amount of ₦500,000 for another cycle.
The investor continues to earn interest on the original investment without adding additional funds.
Financial Details
- Initial Investment*: ₦500,000
- Admin Charges for Rollover*:
– ₦12,500 x 50% = ₦6,250 (discounted)
- Subsequent Earnings:
– Monthly Interest: ₦500,000 x 10% = ₦50,000
– VAT: Same total VAT of ₦11,250 will be deducted from the third month again.
- Net Earnings Per Cycle:
– Month 1: ₦50,000
– Month 2: ₦50,000
– Month 3: ₦38,750 (after VAT deduction)
– Total Net Earnings: ₦138,750 per cycle
ROLLOVER PLUS involves reinvesting the initial ₦500,000 plus an additional investment to meet the requirement of multiples of ₦500,000.
Mrs. Chinyere adds at least another ₦500,000, making the total new investment ₦1,000,000.
Financial Details
- New Investment Sum: ₦1,000,000 (₦500,000 initial + ₦500,000 additional)
- Admin Charges for Rollover Plus:
₦12,500 (for the initial ₦500,000) + ₦12,500 (for the additional ₦500,000) x 50% = ₦12,500 (total discounted charges)
- Subsequent Earnings:
Monthly Interest: ₦1,000,000 x 10% = ₦100,000
VAT: ₦100,000 x 7.5% = ₦7,500
Total VAT for 3 months: ₦7,500 x 3 = ₦22,500 (deducted from the third month)
- *Net Earnings Per Cycle*:
– Month 1: ₦100,000
– Month 2: ₦100,000
– Month 3: ₦77,500 (after VAT deduction)
– Total Net Earnings: ₦277,500 per cycle
Summary of Options for Mrs. Chinyere
ROLLOVER: Reinvests only the initial ₦500,000, earning ₦138,750 net per cycle with reduced admin charges.
ROLLOVER PLUS: Reinvests the initial ₦500,000 plus an additional ₦500,000, earning ₦277,500 net per cycle with reduced admin charges. This option maximizes earnings by leveraging the compounding effect on a larger sum.
These options provide flexibility for Mrs. Chinyere based on her financial goals and capacity to add more funds.
In conclusion, Cooperative Direct Investment (CDI) by White Shadows Cooperative provides a comprehensive and transparent investment platform for registered members to grow their wealth and actively participate in the cooperative’s financial ecosystem. Through clear terms, competitive returns, and investor-friendly features like CDI certificates and efficient capital withdrawal processes, CDI stands as a valuable investment option within the cooperative landscape, supporting members in their financial goals and cooperative engagement.
