Cooperative Ownership
Your ₦10,000 share capital makes you a registered member-owner of Seeds & Pennies Cooperative. Not a customer. An owner.
Co-opLife Membership
Stop saving for others. Start owning something.
Co-opLife is SeedForce’s cooperative membership that turns your ₦10,000 into a share of a real, Backed By Seeds Cooperative — with annual dividends, exclusive loan access, and a seat at the table.
Become a Coop Member Backed By Seeds Cooperative Coop Reg. LSCS 19744
What is Co-opLife?
More than a savings account. You become an owner.
Most financial products treat you as a customer. Co-opLife treats you as a member-owner. When you join, your ₦10,000 share capital buys you a stake in Seeds & Pennies Cooperative. At the end of every cooperative year, profits are declared and distributed to members as dividends — based on your share capital.
🏛️Registered Cooperative | LSCS 19744
💼Annual dividends from cooperative surplus
💳Exclusive capital loan access
What Coop Members Get
Your membership comes with real benefits
Annual Dividends
At the end of each cooperative year, audited accounts are presented at the AGM. If the cooperative made a surplus, dividends are declared and distributed to members.
Capital Loan Access
Co-opLife members gain access to exclusive capital loan products through Liberty — Seeds & Pennies' lending arm — unavailable to regular members.
Savings Still Available
Want to save toward personal goals too? Simply open a separate Regular Member savings account alongside your Co-opLife membership.
How to Join
Joining Co-opLife takes three steps
Register your membershipSign up at myseedforce.com/cooplife.
Pay your share capital₦10,000 upfront, or deducted gradually from savings.
Start earning dividendsBecome a member-owner and earn at year end.
Co-opLife vs Regular Membership
What changes when you join
| Regular Member | Co-opLife Member | |
|---|---|---|
| Save daily or weekly | ✓ | ✓ (separate account) |
| Earn monthly interest | ✓ | ✓ |
| Circle Savings access | ✓ | ✓ |
| Cooperative ownership | ✗ | ✓ |
| Annual dividends | ✗ | ✓ |
| Capital loan access | ✗ | ✓ |
| Share capital required | ✗ | ₦10,000 |
FAQ
Questions, answered
What is a cooperative and how does it work?
A cooperative is a member-owned financial institution. Seeds & Pennies Cooperative is registered under LSCS 19744 — members pool share capital, and any annual surplus is declared as dividends and distributed based on each member's share capital.
How much is the share capital and how do I pay it?
Share capital is ₦10,000. You can pay it upfront when you register, or have it deducted gradually from your savings until it is fully paid.
When are dividends paid out?
Dividends are declared once a year, after audited accounts are presented at the cooperative's Annual General Meeting (AGM), and only if the cooperative recorded a surplus.
Can I be both a Regular Member and a Co-opLife member?
Yes. Co-opLife membership is a separate cooperative stake — you can keep a Regular Member savings account for personal goals alongside it.
How do I access loans as a Co-opLife member?
Co-opLife members become eligible for exclusive capital loan products through Liberty, Seeds & Pennies' lending arm, subject to standard affordability and eligibility checks.
What is the AGM and do I need to attend?
The AGM (Annual General Meeting) is where the cooperative's audited accounts are presented and dividends are declared. Attendance is encouraged but not mandatory for dividends to be paid.
Own a piece of something bigger.
Join Co-opLife and let your membership earn for you every year.
Become a Member