Join Our Cooperative

Membership & Share Purchase Application

Complete the form below to apply for membership in KUYANJANANA Multi Purpose Co-operative Society Ltd. and begin your journey towards financial empowerment.

Application Fee

K300

Non-refundable

Share Value

K1,100

Per share

Minimum Shares

2 Shares

K2,200 total

Membership Application Form

All fields marked with * are required

Personal Information

Share Capital Subscription

Note: Each share is valued at K1,100. The minimum purchase is 2 shares (K2,200). You may pay an initial amount upon signing and the balance within 6 months from date of admission. Failure to complete payment within 12 months results in nullification of membership.

Minimum K300 (application fee) required at signup

Payment Method

Declaration & Agreement

By submitting this application, I declare and agree that:

  1. I have paid or will pay the non-refundable Application Fee of K300.
  2. My admission is subject to final review and approval by the Board of Directors.
  3. I agree to purchase a minimum of Two (2) Shares at K1,100 per share (K2,200 total minimum capital).
  4. I agree to pay the remaining share balance within six (6) months from the date of admission.
  5. Failure to pay for the full two shares within 12 months shall result in immediate nullification of my membership.
  6. I shall not hold more than 20% of the total paid-up share capital of the Society at any given time.
  7. I agree to pay an Annual Membership Contribution of K500, or such other amount as determined by the General Meeting.
  8. I authorize the Society to use my Savings Account as a Member's Trading Account as per By-law 4.05.
  9. I will observe and comply with the Co-operative Societies Act, Regulations, the Society's By-laws, and all Resolutions passed at General Meetings.
  10. I understand that my full rights of membership, including the democratic right to one vote at General Meetings, apply ONLY after paying the full minimum of two (2) shares.
  11. I am entitled to receive Net Surplus distributions (Patronage Bonuses and Dividends) on recommendation of the Board and approval by the AGM.
  12. I understand membership may be terminated via voluntary resignation, dissolution, or expulsion by a two-thirds majority at a General Meeting.
  13. This Agreement shall be governed by and construed in accordance with the Laws of Zambia.
  14. The information I have provided is true and correct.

You can also download the PDF form to fill in manually.

Annual Contributions

Members are required to pay an Annual Membership Contribution of K500 (or as determined by the General Meeting) in addition to share capital.

Surplus Distribution

Surpluses follow statutory allocations including a 25% Reserve Fund and 15% Education Fund allocation, with remaining distributions to members as dividends.