Lashone Cooperative · Savings
Save a little, every month
Regular savings from ₦5,000 a month, with a record of every payment.
Important: Lashone Cooperative is a registered cooperative society, not a bank. It accepts savings from its members only and lends to its members only. Savings are not insured by the NDIC and earn no guaranteed return. Membership, savings, withdrawals and loans follow the cooperative's bye-laws.
Key rules
At a glance
- Minimum saving
- ₦5,000 a month.
- When to pay
- By the 10th of each month, into the official account.
- Withdrawals
- 30 days' written notice.
- Leaving
- Savings returned within 60 days, less any loan balance owed.
Savings calculator
See how your savings add up
This shows only what you put in. It includes no interest or returns, because none are promised.
You will have saved
₦60,000
Your own contributions only: ₦5,000 × 12 months. No interest, dividend or return is included or promised.
Saving is easier together. Members choose an amount they can manage, from ₦5,000 a month, and save it regularly into the cooperative's official account.
Every payment is recorded, and you can always see what you have saved. Withdrawals follow the bye-laws.
Ways to save
Regular savings
A fixed amount every month, from ₦5,000.
Target savings
Save towards a goal: land, a home, school fees or your business.
Your records
A statement of your contributions whenever you ask.
The cooperative's bye-laws set the exact rules. Read the membership terms.
Why us
Done with care
Start small
From ₦5,000 a month.
Official accounts only
Pay only into the cooperative's account.
No promises of returns
We help you save; we do not sell investments.
Questions
About savings
Can I withdraw my savings?
Yes, under the conditions and notice periods in the bye-laws. Ask us for the details before you join.
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Lashone Cooperative
+234 806 217 6383 · cooperative@lashone.com
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