The dividend payout depends on the financial performance of CareCoop. These are paid immediately after approval of the audited financial statements during the CareCoop Annual General Meeting (AGM) in March.
For the current Share offer, digital certificates will be issued for the Shares purchased.
Confirmations of entitlement to shares by means of share certificates will be issued for all successful subscribers within Sixty (60) days of purchase. Members who may not have received their certificates may contact CareCoop through its official communication channels.
The Shares subscription period is from June 2023 – November 2023
The standard procedure that is applicable for all types of loans will apply.
Note that CareCoop currently only gives loans up to K500,000. Therefore, if a member wants to acquire this type of land, they will have to pay the difference from other sources. Note also, that the K500, 000 will be made of a combination of loan products as the CareCoop Land Loan has a limit of K250,000
The following are applicable:
Members are at liberty to acquire as much land as they can. There is no limitation.
The title deed for the land purchased will be used as the security or collateral for the loan. Therefore, members who borrow this type of loan will not be required to bring additional collateral.
The CareCoop land loan is priced at 1.5% For a tenure of up to 36 months (T&Cs apply depending on one’s debt service ratio etc)
You can download the Loan application via CareCoop website (www.carecoop.org) and select CareCoop Land Loan
Land is on title and separate titles are available for each piece of land.
CareCoop has taken this into account, and the following are the loan amounts that should be made to cater for all the fees involved:
The following steps are applicable:
You can contact 0975824759/0973204134 to arrange for site viewing between Monday – Saturday 08:00 to 16:00 hours.
Situated in Lusaka along Leopards Hill Road about 35 Km from Crossroads to Nkwashi turn off plus a stretch of 1.5 km to main Goma Estate site.
30x30 meters: K120,000.00
Our turn around times are as follows:
CareCoop shall provide reasonable security for your information, ensure to read all terms and conditions relating to the use of the portal and loan application before submission
You can track the progress on your loan without calling CareCoop using the portal
You can access your statements for loans, savings and shares as well as make loan applications
You will receive confirmation of profile creation within 24 hours of submission via registered email
Please follow the link https://portal.carecoop.org/register to access the sign-up page for profile creation