Agrolovers Multipurpose Co-operative Society Ltd is a community of agriculture enthusiasts coming together as a team and putting resources together to build a formidable agro commodity supply chain in Nigeria.
To use the Co-operative’s scarce resources to procure, and sell agro commodities to companies on behalf of members with maximum profit in mind to achieve a win-win for all.
To become the leading agro commodity supplier in Nigeria using co-operative methodology.
OUR CORE SERVICES
Agrolovers Multipurpose Co-operative Society Limited has come to fill a huge gap between farmers, manufacturing companies and investors. The Co-operative achieves this by using the collective pool of members’ financial resources to procure and sell agro commodities on behalf of members profitably to achieve a win-win for all.
Cheap agro commodities are being procured directly from the farmers, the Co-operative then sell directly to manufacturing companies and exporters; thereby eliminating middlemen in the process in order to maximize profit.
Agrolovers Multipurpose Co-operative Limited is fully registered and recognized by Nigerian Law. The Co-operative is registered under the purview of the Ministry of Commerce, Delta State with Registration number: 43733. The Co-operative’s sourcing office is in Niger state while our supply office is in Ibadan.
The procedure to become an Agrolovers Multipurpose Co-operative Society Ltd membership requires two steps. The first step requires intending member to purchase our application form of ₦10,000 (Ten Thousand Naira). The second step requires every intending member to procure at least one unit of our share capital with the unit price of ₦200,000 (Two Hundred Thousand Naira only). NOTE: A member can have more than one unit of shares. All registered members are entitle to free branded t-shirt, identity card, a soft copy of our bye-laws, membership certificate and other incentives as may be determined by the Executives.
Every Agrolovers Multipurpose Co-operative Society Member is legally qualified and entitled to the Society’s amazing reward system for their trust in the Co-operative. The Co-operative rewards its members in two ways. First, for every profit made every three months, 80% of the profit will be paid as return on investment to members with the unit of shares each member has determining who takes what?
Secondly, the remaining 20% of the profits are being reinvested into the co-operatives’ business for more profit for members. Accumulation of the remaining 20% of the profits in addition with the interest will be declared as dividend at the Annual General Meeting and every member will be paid according to the number of shares each has.
The executives are responsible for schedule of meetings with members any time the need arises. The date, time and venue for the Annual General Meeting as well as other information needed by members are passed across through email, sms, phone call or through our website as the case may be.
HOW TO GET YOUR APPLICATION FORM
The Co-operative has made its membership application stress free. Depending on your location, you can contact the following persons and they will guide you how to get your registration done.