Features: 

• Compulsory monthly savings of at least N5,000 per month. No upper limit.
• Members are advised to leave if they fail to make any contribution in 6-straight months  
• Total contribution for the year ranks for dividend (or surplus) sharing by year end
• Loan to members is a function of how much contribution each member has made.

Features: 

• Cooperative members can access loans after making six (6) months contributions 
• Loan amount is not capped but disbursement is subject to recommendations from Risk Management Unit.
• Loan amount is maximum of 2times the amount the member has contributed
• Loans attract single interest rate of ≤ 9% per annum for 12-month repayment period
• Loans attracts interest rate of ≤ 15% per annum for 18-month repayment period
• Members to provide 2 guarantors for loans to be disbursed
• Guarantors must be members of the cooperative

Features: 

• Soft loans are to assist members to meet unplanned, small amount expenses/contingencies
• Soft Loan amount is capped at N70,000 per member
• Soft loans attract interest at ≤ 5% per annum
• Maximum repayment period is 6months

Features: 

• Members can make committed savings for future reasons or purpose 
• Target savings is for a maximum of 12months; with roll overs
• No withdrawal is allowed from target savings except by way of soft loans (see 3 above)
• Target savings of 3-to-5yrs without withdrawals may attract additional special dividend

Features: 

• Stockman cooperative finances household items for its members
• Electronics, laptops, phones, food stuffs, furniture & fittings come under this product line
• Household items financing attracts interest rates to be determined by prevailing market rates
• The amount is repayable within 12months
• Amount of item is capped at a maximum of N100,000 only

Features: 

• Stockman cooperative finances purchase of assets for its members
• Cars, luxury household items, etc 
• Assets amount is from N100,000 and above
• Assets finance attracts interest charges. This  to be determined by prevailing market rates
• Maximum repayment period is 24 months

Features: 

• Stockman cooperative plans to acquire acres of land for its proposed Stockman Estate within Lagos suburb  
• This Land can be purchased by members only with long-term repayment plan 
• Payment plan would be within 36-month period
• Members can make savings specifically for land acquisition