Empower Your Business through Collaboration & Savings
Join Nigeria's leading cooperative savings program and unlock financial opportunities for your business. Our cooperative platform helps entrepreneurs and SMEs save collectively, access affordable credit, and grow together. With flexible contribution plans – OMA, IMARA, MWAMBA, and AKO – we provide solutions tailored to your specific needs.
By joining FedaCash Cooperatives, you harness the power of group resources for sustainable growth. Access loans within 3 months of membership, enjoy competitive returns on your savings, and build financial security for your business. Our transparent, member-focused approach ensures every business has the opportunity to succeed.
Why Join a FedaCash Cooperative?
Cooperatives have proven to be one of the most effective ways for businesses to achieve financial stability and growth. Here's what sets FedaCash apart.
Access Affordable Credit
Become eligible for loans in just 3 months with competitive interest rates lower than traditional banks
Grow Your Savings
Contribute regularly and watch your savings grow with attractive returns and member dividends
Community Support
Connect with like-minded entrepreneurs and SMEs for networking, collaboration, and shared growth
Financial Security
Build an emergency fund and financial cushion through consistent cooperative contributions
Quick Processes
Experience fast loan approvals and withdrawals with minimal documentation requirements
Full Transparency
Access real-time information on your savings, contributions, and financial performance
Our Cooperative Saving Packages
Choose a flexible savings package that aligns with your budget and financial goals.
OMA
From ₦2,000
Daily, Weekly, Monthly, or Yearly
Entry-level package perfect for beginners and small businesses just starting their savings journey
- ✓Flexible contribution amounts
- ✓Low entry barrier
- ✓Quick loan eligibility
- ✓Community access
IMARA
From ₦5,000
Daily, Weekly, Monthly, or Yearly
Mid-level package for growing businesses looking to increase savings and access higher loan amounts
- ✓Higher loan limits
- ✓Better dividend returns
- ✓Priority support
- ✓Extended repayment terms
MWAMBA
From ₦10,000
Daily, Weekly, Monthly, or Yearly
Premium package designed for established businesses seeking maximum savings growth and credit
- ✓Maximum loan amounts
- ✓Premium dividends
- ✓VIP support tier
- ✓Flexible terms
AKO
From ₦20,000
Daily, Weekly, Monthly, or Yearly
Elite package for enterprise clients with significant savings and investment ambitions
- ✓Unlimited credit access
- ✓Highest dividend rates
- ✓Dedicated account manager
- ✓Custom terms available
COOPERATIVE FEATURES & BENEFITS
Save & Go - Flexible Savings
Save on your own terms with our flexible Save & Go program. Choose your contribution amount, frequency (daily, weekly, monthly, or yearly), and duration. Watch your savings grow without pressure or rigid timelines. Perfect for businesses with variable cash flows.
- ✓ Flexible contribution schedules
- ✓ Adjustable savings amounts
- ✓ No penalty for early withdrawal
- ✓ Transparent interest calculations
Quick Loan Access
Unlock access to affordable credit just 3 months after joining. Request loans tailored to your business needs with minimal documentation. Our streamlined process means approval and funding in 24-48 hours. Use loans for business expansion, working capital, equipment, or emergencies.
- ✓ Fast 24-48 hour approval
- ✓ Competitive interest rates
- ✓ No collateral required
- ✓ Multiple loan options available
Save & Pack - Pre-packaged Plans
Prefer structure? Our Save & Pack program offers pre-designed savings packages with fixed terms and returns. Choose from system-managed packages or community-created plans. Perfect for businesses that want guaranteed returns and predictable growth timelines.
- ✓ Guaranteed returns structure
- ✓ Fixed term options
- ✓ Transparent maturity dates
- ✓ Community & system packages
How to Join a FedaCash Cooperative
Getting started is simple. Follow these easy steps to join and begin your cooperative savings journey.
Create Your Account
Sign up on FedaCash with your email and basic information. Verify your email to activate your account.
Complete KYC Verification
Submit valid identification documents for Know Your Customer verification. This takes 24-48 hours.
Choose Your Package
Select from our cooperative packages – OMA, IMARA, MWAMBA, or AKO – based on your budget and goals.
Set Contribution Terms
Decide your contribution amount, frequency, and duration. Customize based on your cash flow preferences.
Make First Payment
Fund your cooperative account using our secure payment methods. Your membership activation begins immediately.
Start Growing
Manage your savings, make regular contributions, and after 3 months, access loans and unlock full benefits.
Frequently Asked Questions
What is a cooperative savings program?
A cooperative is a group of businesses or individuals who pool resources together to achieve common financial goals. FedaCash cooperatives allow members to save collectively, access affordable credit, and benefit from shared returns.
What's the minimum amount to start?
Our entry-level OMA package starts from ₦2,000. You can choose any amount that fits your budget. The other packages (IMARA, MWAMBA, AKO) offer higher starting points with greater benefits.
How long before I can get a loan?
You become eligible to apply for loans after 3 months of active membership with consistent contributions. This helps us assess your commitment and financial stability.
What are the interest rates on loans?
Interest rates are competitive and based on your membership tier and loan amount. Typically ranging from 5-15% per annum, they're significantly lower than traditional bank rates.
Can I withdraw my savings anytime?
With Save & Go, yes – you can withdraw anytime without penalty. Save & Pack has fixed terms. Early withdrawal may affect your returns depending on your package terms.
How are dividends calculated?
Dividends are calculated based on your total contributions, membership duration, and the package tier. We provide transparent quarterly reports showing your earnings.
Is my money safe?
Yes. FedaCash uses secure banking partnerships and encrypted systems to protect member funds. Your savings are held in a dedicated account managed by licensed financial institutions.
Can I have multiple packages?
Yes, active members can participate in multiple packages simultaneously to diversify savings and increase loan eligibility.
