A cooperative is a private business organization that is owned and controlled by a group of people who uses the product or services of that organization.
Cooperative varies in types and sizes but they are formed to meet the specific objective and needs of its members.
Cooperative is a voluntary association of persons who work together to promote their economic interest. It works on the principle of self-help, as well as mutual help. The main objective of is to provide support and assistance to its members.
In cooperative, people come together as a group, pool their resources, utilize them in the best possible manner and derive some common benefit out of it.
Cooperatives are based on the value of self help, self responsibility, equality and ethical value of honesty, openness, social responsibility and care for one another.
After so much explanation, and definition of cooperative, Why do you need to join one?
1. As a member of a cooperative, You will be trained to cultivate the habit of savings as each members would be required to make savings at interval, this helps you to maintain some financial discipline and financial freedom.
2. Opportunity to invest; Most cooperative society, takes the savings of it’s individual members and invest it into different business and the profits are shared among its members based on how much was saved. This helps you to earn a side income from your savings.
3. Access To Loan: The core principle of setting up a cooperative is to help its members, so as a member of a cooperative, you will have access to loan either each or inform of goods.
As it is difficult for a camel to pass through the needle, so it is for an average individual in Nigeria to get access to loan from banks.
As a member of a cooperative, you don’t need collateral as your savings will serve as your collateral and fellow contributors are accepted as guarantors, making loan accessible easily.
Even for those that can meet the conditions for bank loans, the loan may not come promptly as needed Also, the interest rate and repayment terms are not crushing as that of the banks. This easy access to loans has helped many people achieve improved welfare.

Comparing all these benefits to investment in shares or bonds. These other investment options do not impact savings culture; neither do they provide easy access to loans.
At investa.ng we understand all this benefits and how important it is for you to become financially free, that’s why we set up the first Nigerian digital cooperative platform to help you achieve your financial goal.
We have about over 200 active cooperative members, ranging from all fields and professions.
We have been able to digitize the traditional means of cooperative making it easy for each members to participate in saving, investment and access to loan without stress.
With our mobile app and website, you can make savings, apply for loan, and make investment decision from anywhere and at anytime.
You will have access to your personal dashboard where you will see all your savings and investment growth.

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Investa.ng: First Nigerian Digital Cooperative For Mutual Savings And Investments

MrBrownJay1:
only a very big fool would invest money online from unknown BS source/website...

You are right, Investa.ng has been around for some years now, it's developed and trademarked by Oceandigits Technology Limited with operational license of Oceandigits (IKEJA)Cooperative Multipurpose Society Limited with RN 16882.
Oceandigits Technology Limited is duly registered with the Corporate Affairs Commission, Nigeria with RCN: 1427469. Investa.ng, Oceandigits Technology Limited and Oceandigits Cooperative Multipurpose Society Limited are legal entities in Nigeria.

You’ve always heard people telling you to invest and you’re already thinking about doing that but most of those people who tell you to invest hardly tell you how to go about it leaving you at a loss not knowing what to do.

Investing money can seem easy especially when it comes to using online investment platforms but so with so many investment firms coming to your face when you search online.

each of which has a different risk level, it becomes quite challenging to choose which one is best for you.

Here are quick guidelines for you to look out for when you decide to use an online platform

Your budget and Their charges
One of the most important consideration, when you decide to use an online investment platform, is the price which they charge you for using it and how much you want to invest,

I’m sure you won’t want a platform that charges you

almost half of your investment as service charge or maintenance fee.

[url] Investa.ng[/url] helps you manage your investments at no cost and you get as high as 10 to 15% on your investment

Features and Usability
You might think this is not important but a platform with complex features leaves you more confused than you were before getting on the platform

you need to understand every feature because a simple mistake can cost you your money

investa.ng has an easy to understand and interactive platform making your investment as easy as you can imagine,

No complex registration process that leaves you wondering if you are applying for heaven ticket, as simple as it is, your investment is secure.

Types of Investment
Knowing there are different range of investment options available you will need to ensure you know what type of investment you want and if the platform has exactly what you need.

[url] Investa.ng[/url] offers you a wide range of Investment portfolio to choose from all with low-risk securities such as government securities like Treasury bill and Mutual funds and insured Agricultural Investments which guarantees you both interest and capital

.

Do you want to find out which is the best fit for you?

Register on www.investa.ng in less than 60 seconds to see a wide range of investment option to choose from