The Foundation of Your Membership
Share Capital is the cornerstone of your relationship with Lokseva. Unlike a standard deposit, purchasing Share Capital makes you a part-owner of the society, not just a customer. This ownership stake is a prerequisite for membership and grants you the power to participate in our democratic process.
Your contribution to the Share Capital solidifies the society's financial base, enabling us to provide better services and competitive rates to all members. It is a long-term investment in our collective financial strength.
Key Features
- Membership Prerequisite: The primary requirement to join the society and access all our products.
- Voting Rights: Grants you one vote in the Annual General Meeting (AGM).
- Dividend Eligibility: Makes you eligible to earn an annual dividend.
- Limited Liability: Your liability is limited to the value of your shares.
- Transferable: Shares can be transferred to another eligible member.