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Akdams's Posts

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Nairaland GeneralRe: Another Nairalander Unvieled!! by Akdams(m): 4:22pm On Apr 25, 2013
fash6: Is dat a 14 inches tv?
And DSTV decoder to match.
Business To BusinessRe: Please Can Anybody Save A Life Please by Akdams(m): 4:11pm On Apr 25, 2013
For future sake You may wish to follow this thread

https://www.nairaland.com/1263267/need-investment-capital
Business To BusinessRe: Please Can Anybody Save A Life Please by Akdams(m): 4:07pm On Apr 25, 2013
Oga discuss with your colleague first shebe you said you are working. Meet we them before coming here. If they cannot assist you. What makes you think people will help you here.
Personal opinion really. Just thought that should be the right order.
EntertainmentRe: Etisalat’s Former Ambassador Saka Moves To MTN What Do You Think About This???? by Akdams(m): 2:21pm On Apr 25, 2013
Please lesve matter. I know Saka in the late 90s when he was roaming the street of Ibadan. Bashorun - Akobo to be precise. He use to worked with Prosper then on some cheap TV series then. Because Mike Adetunji Prosper was living very close to my house then. Many of the series were actually scened in the area. So most time before it gets to the TV we have already watched it live. So now that the guy has become a Pro, leave matter o. Afteralll all this network are they not making the money couple with fact that God has a way of blessing his own children. Portability is one of them, at least for Saka.
BusinessRe: Need Investment Capital? by Akdams(m): 1:04pm On Apr 25, 2013
Presently we have over 501 visitors on this thread. Thanks for Your visitation and comments. But Don't just visit, learn some thing and take action. How? by being a member of a society wherever you are today. So many of them are scattered through out the whole country. Find one and become a member. In any cooperative society location is not a barrier. I have two members in the US and UK. The world has become a global village.

If you have the capacity establish one too. In your office, village, town, street or state.

And if Seun decides to form a cooperative too for Mairaland,no problem. All should embrace it.

Mimshack Cooperative is equally available for who ever desire.

But the bottom line is don't just visit, drop ur comments and take action.

Keep follow.

God bless
Jobs/VacanciesRe: Gtbank Targets 20% Loan Growth In 2013 by Akdams(m): 1:08am On Apr 25, 2013
BusinessRe: Need Investment Capital? by Akdams(m): 4:50pm On Apr 24, 2013
Thank for following this thread.........


AFTER REGISTRATION: WHAT'S NEXT?

After the registration process is completed, the following document will be issued by the Cooperstive Service:
1. A Certificate bearing the cooperative name, address and date of registration with a seal.
2. 3 Original copies of an application sheet upon which the initial members had already put their details and the names of the Pricipal officers with signatures.
3. Copy of Bye-Laws

During the registration process, the principal officers are advise to start organizing preliminary meetings and discussions on the following:

1. The aims and objectives of the Society
The reason for coming together.
What they plan to address.
What they plan to achieve.
How to work it out.
The vision and mission of the society will actually determined its aims and objectives.
So what is your vision and mission?

2. The constitution of the final 10 to 11 man board - what each and every one is putting on the table.
Normally the Management Committee of any cooperative society is not always more than 11 members inclusive of the Pricipal officers. That does not mean it cannot be more. But 10 to 11 members of Management Committe is however advised.
Be sure to make sure that it is by merit. I mean like in Mimshack Coop those already in the Management committee are there by virtue of what they are offering to make the Society grow from the scratch. What to offer could be in terms of funds, network, market, technical expertise, free consultancy, etc
Though Management committee is constituted through election process this cannot work out for constituting the pioneering Management Committee members.the guide to this in the Bye-Laws.


3. Funding of the registration process vis a vis funding of the cooperative.
How do you get the funds for processing. Is it from the bank or someone offering is own initial contribution or members contributions or do you have an investor, etc. this have to be known.


4. Structure - under request

5. Operation - under request

6. Administration - under request

In all these the Pricipal officers has a lot to do by studying the Bye-Laws given to them by the Cooperative Service and see whether there is need for it to be amended.
However non diligent in this area will spell doom for that society and it might run into mucky waters before long.
Let me tell you the trust cooperative service will not lose anything what that do is copy and paste. They may as well give you bye Laws that does not address your own vision and mission.
It's left for you to reject it by amendment. But how you know except you know what you want and having gone through the details of the one given to you.

The cooperative society is a highly regularized venture. It can be liken to the National Assembly I tell you. For it not to collapse na wahala, if it collapsed wahala.


BECOMING A MEMEBER OF A COOPERATIVE OUTFIT: HOW AND BENEFITS.


To be continued.................................
BusinessRe: Need Investment Capital? by Akdams(m): 3:59pm On Apr 24, 2013
Nairaplus: Just when I thought it's finished, Akdams came on board. I am earnestly on queue for the next article in this series!
Thanks for the effort.
@Nairaplus ....... Drop ur email to sign on.
AutosRe: Mitsubishi Sigma Auto With Factory AC Goin For Just 230k by Akdams(m): 6:32pm On Apr 23, 2013
ndubuisi0147: I have some plots of land that can be exchange with car. Any car dealers or car owner who is interested in geting plots or archers of land with a good car should contact me 08038132851 or send a mail to greatmannwanze@gmail.com. All the lands are located in asaba/ugbolu delta state. Many thanks
Really you should have a new thread for this. Would have love to see responses.
AutosRe: Registered Honda Accord (bulldog) - 1995 @ N470,000.00 by Akdams(m): 5:27pm On Apr 23, 2013
smiley
AutosRe: SOLD SOLD!!! Reg Honda Accord For Sale 380k by Akdams(m): 4:17pm On Apr 23, 2013
Put the price at 120k
And you will see this car no more and this thread will automatically closed.
Trust me.
BusinessRe: Need Investment Capital? by Akdams(m): 3:59pm On Apr 23, 2013
ronoseji: Wow, such insights. These are some of the critical areas being addressed at the entrepreneurship training I'm involved with.. www.faculty.osiworld.com reading some of these posts has been quite insightful.
@ronoseji... Signify your intention by putting your email address.
Thank you.
AutosRe: Honda Accord Going For 220k by Akdams(m): 3:17pm On Apr 23, 2013
Give detail and let discuss.
Condition of engine
Engine pictures etc
A/C condition

08120160199
AutosRe: Mercury Villager Up For Grabs. by Akdams(m): 3:07pm On Apr 23, 2013
More pictures - back, interior, engine, front and back.

Location in Ikeja for inspection.

Your last price
BusinessRe: y? by Akdams(m): 2:15pm On Apr 23, 2013
ifyclose2: Thanks a lot for this
Check ur mail.
AutosRe: Registered Honda Accord (halla) 1993 @ N380,000.00 Call 08023416552 by Akdams(m): 2:00pm On Apr 23, 2013
What is condition of engine -picture
Location
How much last.
BusinessRe: Nigerians Should Stick To Internet Business To Reduce The Rate Of Unemployment by Akdams(m): 1:40pm On Apr 23, 2013
Add this to your knowledge

Making money while sleeping

https://www.nairaland.com/1263267/need-investment-capital
BusinessRe: What Business To Invest In Nigeria With 20 Million Naira by Akdams(m): 1:33pm On Apr 23, 2013
EntertainmentRe: Etisalat’s Former Ambassador Saka Moves To MTN What Do You Think About This???? by Akdams(m): 1:27pm On Apr 23, 2013
That is the confirmation that portability will work now.

At least it has worked on one human- SAKABILITY grin
BusinessRe: Entrepreneurship And Job Creation In Nigeria by Akdams(m): 1:23pm On Apr 23, 2013
ronoseji: Entrepreneurship, I have come to love. Its the greatest source of social change... I see myself on CNN very soon talking about the concept of entrepreneurship and how I have been able to impact on my community. I am passionate about building capacity...
Then follow us on this thread

https://www.nairaland.com/1263267/need-investment-capital
AdvertsRe: How I Started A Business With Less Than 15k by Akdams(m): 1:05pm On Apr 23, 2013
InvestmentRe: Advise On Where I Can Invest My Idle Funds? by Akdams(m): 2:33am On Apr 23, 2013
BusinessRe: Raising Capital: Why Is It So Difficult? by Akdams(m): 2:25am On Apr 23, 2013
@comceptkid ....... Follow this thread

https://www.nairaland.com/1263267/need-investment-capital
BusinessRe: Need Investment Capital? by Akdams(m): 12:16am On Apr 23, 2013
Hope you are still keeping it lock down..........


BUILDING UP A COOPERATIVE : HOW AND CHALLENGES

All those who were left in the cold actually have life line.
The life line is the cooperative movement.
The earlier days cooperative outfit were formed by people of the same location, trade, capacity, age group, etc to come together to help each other in times of need. They made daily, weekly and monthly contributions. This is monies are gathered together in the hand of one of them to administered it according to the cooperative agreement set by the members.
Therefore if any need to by crops or repair house or hospital bills or by market and his short of cash, they will just inform their cooperative. That way things were move for them. They were actually practicing ESUSU then.

Now fewer generations down the line, many begin to see the beauty of this arrangement like this and begin to adopt this informal arrangement.
Then government began to put down different legislation as regards it formation, structure, administration, legality, operation, corperate entity and as a going concern.

Time will not permit me to start explaining all these couple with the fact that as a financial consultant am not suppose to give out all this free. But I will talk on some for the purpose of this thread.
many young entrepreneurs with sound business ideas are hindered because of starting capital. Our economy is not designed to help start-ups in any field. The financial market is sceptical of lending to an individuals/start-ups basically for fear of losing their money. From personal experience, financial institutions including government funded institutions like the bank for Agriculture, bank of industry prefers to deal with a group of people like COOPERATIVE SOCIETIES, Established organisations (big companies, churches) and wealthy individuals.

In view of taking the advantage of the collective benefit in achieving one's goal, establishing or joining a cooperative society remains one better option to raise start up capital.

Like @integrity said and I quote ......."many young entrepreneurs with sound business ideas are hindered because of starting capital. Our economy is not designed to help start-ups in any field. The financial market is sceptical of lending to an individuals/start-ups basically for fear of losing their money. From personal experience, financial institutions including government funded institutions like the bank for Agriculture, bank of industry prefers to deal with a group of people like COOPERATIVE SOCIETIES, Established organisations (big companies, churches) and wealthy individuals. In view of taking the advantage of the collective benefit in achieving one's goal, establishing or joining a cooperative society remains one better option to raise start up capital".


FORMATION

The formation of a cooperative Society is an effort of people coming together with agreed aims and objective as regards what they want to do, how they want to do it, what they want to achieve.

In the present day legislation which is being controlled by the Individual state Director of Cooperative Service under the Ministry of Agriculture and Cooperative.

The minimum pioneering members for a new cooperative is minimum of 10 members out of which 3 must be the principal officers - President, Treasurer and General Secretary.
These 3 will lead and spear head the formation requirements in terms of information, document signing and representation for the registration process. While others pray and join in the registration financing.

However in most case the owners and or financier of this project are always the one at the fore front. There fore they ended up being the first set of Principal officers or even life officers at the end of the day. For your information you can't blame them really. Other pioneering members tend to commit there monies when the food is already done. When they are sure of the reality. And you cant blame them really.

Before you go for application for formation the following must have been known and agreed upon:
1. The name of the cooperative.
2. The 3 principal officers
3. The location of the cooperative Secretariat
4. Minimum of 10 pioneering members in existence - body and soul
5. The aims and objectives of coming together in the first place now to be incorporated as that of the society.
6. The constitution of the final 10 to 11 man board - what each and every one is putting on the table.
7. Funding of the registration process vis a vis funding of the cooperative

I don't know of other but ours cost us N300k. The money was borrowed from a MFB. N250k covers the whole process including PR and ...... You should know what am talking about. Then N50k for the bank interest.
With all these it took about 12 months for the certificate to come out. Reason for that I don't know. Whether it is normal, I may not be able to explain.

But while the registration was on-going we were moving on with our plans and objectives.

I won't lie to you and I don't want your praise. But based on what we agreed upon to be our aims and objectives among the usual and normal cooperative outfit aims because we were actually thinking outside the box, I did a research on 10 big cooperative outfits in Nigeria for 8 good months before coming up with our objectives. And I can tell you it's a blue print. Now it not everybody who can do this. Some may even go for a consultant or rely on what ever the cooperative service dumps on their table.
It was easy for me because I know what I was looking for, have been a cooperator for many years and because we are in one accord.

For those that wants to setup a cooperative, is either you have the technical know-how or you go and accumulate information before starting or you hire a consultant.


AFTER REGISTRATION: WHAT'S NEXT?


To be continue..................
BusinessRe: How Do I Invest $60,000? by Akdams(m): 8:29pm On Apr 22, 2013
@youngler and @eedriyz

Follow this thread

https://www.nairaland.com/1263267/need-investment-capital
BusinessRe: Urgent Need Of Soft Loan by Akdams(m): 8:17pm On Apr 22, 2013
Business To BusinessRe: Buy Palm Oil From Me. by Akdams(m): 6:09pm On Apr 21, 2013
Oilwelt: Get your genuine palm oil from me. The season is fast going away. Wherever you are,your money will get you well milled palm oil from me.get me your contact and I will get back to you.
https://www.nairaland.com/1263281/price-royal-romble-let-price
AdvertsRe: Buy Food Suffs At Half The Market Price by Akdams(m): 5:38pm On Apr 21, 2013
chuksvoice: Do you know you could buy food stuffs like rice, beans, crates of eggs, garri, wheat meal etc at half the price of their market value?
As incredible as this may sound you can actually get these food stuffs at incredible prices - like rice which cost #9000, you can get it at #4500, a crate of eggs which cost #700 you can get it #350 etc

if you need more info call 07081094652
https://www.nairaland.com/1263281/price-royal-romble-let-price
AutosRe: CAR 4 URGENT SALE ! N250k by Akdams(m): 5:31pm On Apr 21, 2013
@fish22.... Give me more pictures. You know how we dey do for Nairaland. Front, back , the 2 sides, engines, tyres, etc.
Just for people to make an informed decision.

Or you send to- akdam_multiwealth@yahoo.com. Am not on bbm

And exact location For inspection tomorrow.

Thank you.
AutosRe: SOLD----SOLD---Clean/regd 2000-model Toyota Hiace Bus (18-seater)@ N1.3m by Akdams(m): 12:52pm On Apr 21, 2013
All other factors being okay
Propose hire purchase agreement
Amount - N1.7m
Weekly - N20,000
Duration - 22 months
AutosRe: CAR 4 URGENT SALE ! N250k by Akdams(m): 11:03pm On Apr 20, 2013
fishy22: 30c7ef7f serious buyers only....
Location for inspection

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