ALL YOU NEED TO KNOW ABOUT
ENRICHER COOPERATIVE SOCIETY
• How long has Enricher Cooperative been in export business?
Our team has 5years of combined experience.
• What is the cooperative vision and mission?
- To promote a platform to leverage on ethical wealth growth.
- To grow wealth the halaal way.
• Is Enricher Cooperative registered?
The Cooperative was established and registered in 2011. It has been within a few members until it started open invitation to invite new members.
• What are the products that Enricher Cooperative exports?
We export hard wood charcoal and other agric produce like; Sesame seed, Cocoa, Tiger nut, Ginger, Kola nut, Bitter kola. We export from Nigeria to United Arab Emirate (UAE) and Europe.
• How can one be a member of Enricher Cooperative?
Enricher Cooperative is open to everyone (Men, women, children, organizations, groups and other cooperatives looking for where to invest their funds).
One can become a member of Enricher Cooperative by obtaining membership application form only. The membership application form goes for ₦5,000 only, payable to the Cooperative’s bank account.
• What if I don’t live in Abuja, can I still be a member of the Cooperative?
We are open and accept members from every part of the globe
Enricher Cooperative is open to everyone (Men, women, children, organizations, groups and other cooperatives looking for where to invest their funds).
• How can I invest with Enricher Cooperative?
We do monthly contributions with a minimum of ₦10,000. We also allow lump sum.
The higher your contribution, the higher the profit you get.
• What is the return on investment and mode of profit sharing?
At Enricher Cooperative we declare profit every 4months and not annually. We don’t have a fixed return on investment as it is against Islamic finance principles in doing business. Profits are shared as it is been made.
However, from past investment we’ve made +/- 20% profit. We share net profit among members according to their contribution.
• Can a member withdraw investment midway if the need arises?
A member can voluntarily terminate his/her investment midway with the cooperative upon giving 4months notice of such intention in writing to the cooperative.
However, the termination of investment midway shall not affect the existing obligation and liabilities of the member and the cooperative.
• In the case of a loss, is my capital investment safe?
We have takaful (Islamic Insurance) to take care of accident. We equally put adequate measures in place to avoid errors.
• Are members allowed to borrow from the cooperative?
We aggregate fund for ONE business at a time. We’re export focus at the moment.
• How can we make payment to the cooperative?
All payments to Enricher Cooperative are payable to any of the cooperative’s bank account.
ENRICHER COOPERATIVE SOCIETY
FIRST BANK: 2029825767
ACCESS BANK: 1393818265
• Where is Enricher Cooperative Society located?
We are located at No. 58, 24 crescent, 2nd Avenue, Gwarinpa, Abuja.
• How can we contact Enricher Cooperative for more enquiries?
You can call/chat on WhatsApp with the admin on 07083300760 or 0813 6464742
Email: info@enrichercooperative.org
Facebook: www.facebook.com/EnricherCooperative
Instagram: @enrichercooperative
Twitter: @enrichercooperative
