Close
  • Home
  • About Us
    • NMCS Objectives
    • Membership Form
  • Savings Products
    • Ndoro Contributory Scheme – NCS
    • Ndoro Special Savings – NSS
    • Ndoro Target Savings – NTS
    • Special Investment Savings
    • Fixed Term Deposit Savings
  • Blog
  • Downloads
  • FAQ
  • +234-703-486-3397
  • support@nmcs.org.ng
  • Mon-Fri 8am - 6pm
Free Consultant
  • Home
  • About Us
    • NMCS Objectives
    • Membership Form
  • Savings Products
    • Ndoro Contributory Scheme – NCS
    • Ndoro Special Savings – NSS
    • Ndoro Target Savings – NTS
    • Special Investment Savings
    • Fixed Term Deposit Savings
  • Blog
  • Downloads
  • FAQ
Twitter Linkedin Instagram

  • Home
  • About Us
    • NMCS Objectives
    • Membership Form
  • Savings Products
    • Ndoro Contributory Scheme – NCS
    • Ndoro Special Savings – NSS
    • Ndoro Target Savings – NTS
    • Special Investment Savings
    • Fixed Term Deposit Savings
  • Blog
  • Downloads
  • FAQ
Twitter Linkedin Instagram
Members
0 +
Satisfaction
0 %
Growth Rate
0 x

NMCS is registered by the FCT, Abuja to engage in the business:

  1. To provide credit facilities to its members at fair and reasonable rates of interest for provident and productive purposes.
  2. To encourage regular savings amongst members so that each member may cultivate the habit of making regular savings at least once monthly with a view to building up funds for their individual future uses.
  3. To stock consumers and producer goods for distribution to members and non-Members (with priority to members) at fair and reasonable prices. 
  4. To supply members with consumer’s good and services at reasonable cost.
  5. To operate warehouse and cold room facilities to interest parties.
  6. To acquire hectares of land for sale/lease or development for housing or industrial purpose for the benefit or members and non-members alike as occasion may warrant.
  7. To undertake Real Estate operations in any part of Nigeria.
  8. To encourage fixed deposits from members out of which a fund may be established for giving short-term loans to members.
  9. To acquire stock of shares and other rewarding ventures.
  10. To raise capital and do such other things as are necessary for the attainment of the projects.
  11. To produce, purchase and distribute building Materials towards members’ housing projects.
  12. To maintain a centrally owned machinery/equipment for processing of joint and or individual farm products at a fee.
  13. To set up small and medium – scale industries to produce items that are economical and viable.
  14. To engage in any other economic or social activities as may be approved by the General Meeting of members.
  15. To manage financial portfolios carefully by entering the stock market for investment in stocks and financial features market, guided by the decision of the Management Committee. In this way, the Society shall become part owners in business that produce goods and services that member’s buy.
  16. To seek loans for industrial / housing development for the Society individual members from the Authority, Banks, the Co-operative circle, other financial institutions.
  17. To establish Guest Houses, Hotel, Hospital, Banking, Super Stores, Shopping Malls Business Centers, Computer/Internet Cybercafés, Agricultural/Agro Allied Activities including Training Institute to serve both member and public.
  18. To take measures that would promote among the members, the spirit of thrift, mutual help and self-based on cooperative principles.
  19. To seek loan for Industrial/housing development from Banks, the Co-operative circle, and other Financial Institutions.

Meetings

1st Sundays of the Month @ Mama T Garden by Abidjan Street, Wuse Zone 3 beside Tamara guest Inn, Abuja. Time: 4:30pm.

Membership

All NWA Financial Members. Anyone who applies and is admitted.. Any other persons approved by the general body.

Admission

Complete application form. Pay N11k (Registration fee = 1k, 5000 initial share capital = 5k, mandatory monthly dues = 1k,  mandatory minimal savings = 4k) 

Benefits

Referral to Primary Mortgage Institutions for Mortgage Loan. Access to soft loans.. Beneficiary of Co-operative’s Housing Projects., and more.

Twitter Linkedin Instagram
Copyright 2025 Ndoro Multipurpose Cooperative Society. All Right Reserved.