Namibia Savings and Credit Cooperative Ltd

Namibia Savings and Credit Cooperative Ltd The Namibia Consumer Protection Group is proposing the establishment of the Namibian Savings and Credit Cooperative.

The S&C Cooperative will act as a financial institution, and have the specific objectives to encourage savings and provide loan services. The Namibian S&C Cooperative shall:
a) promote the economic and social interest of its members by providing effective services to its members according to sound business principles;
b) have non-discriminatory voluntary membership;
c) be democratic and controlled

by its members;
d) entitle every member to have one vote – regardless of the number of shares owned;
e) provide services be primarily to members;
f) limit the dividends so most profits are kept for the functioning of the cooperative; and
g) provide ongoing membership education.

Address

Swakopmund
9000

Telephone

+264 81 688 1368

Website

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