AUCLAN MULTIPURPOSE COORPORATIVE
SOCIETY LIMITED

ABOUT MPCS

Providing sustainable financial solutions rooted in Christian values

The AUCLAN Multipurpose Cooperative Society Limited is a faith-based cooperative society established by the African United Christian Leaders Association of Nigeria (AUCLAN). We are committed to promoting economic empowerment, financial independence, and mutual welfare among Christian leaders, institutions, and ministries across Nigeria. Our goal is to provide sustainable financial solutions rooted in Christian values of stewardship, accountability, and communal support.

Core Values:
Affiliation:
AUCLAN Multipurpose Cooperative is an economic arm of the African United Christian Leaders Association of Nigeria (AUCLAN), designed to support the practical needs of its members.
Objectives and Functions
  • Promote the economic well-being of members through shared financial services.
  • Encourage saving habits and responsible financial management.
  • Provide affordable loans and credit facilities.
  • Support income-generating ventures, including agriculture, real estate, and trade.
  • Facilitate welfare, housing, and emergency relief support.
  • Encourage cooperative business ownership among members.

Eligibility: Open to:

  • AUCLAN members (individuals and churches)
  • Christian professionals and entrepreneurs
  • Christian-based ministries and institutions
  • Eligible persons and organizations registered according to the constitution of this society.

Categories:

  • Individual Member
  • Institutional Member
  • Associate Member

How to Join:

  • Complete the Membership Application Form (download or online)
  • Submit copies of valid ID and pastoral/organizational endorsement
  • Pay registration and membership fee

Member Responsibilities:

  • Participate in cooperative activities and meetings
  • Contribute regularly to savings
  • Abide by society policies

Savings Schemes:

  • Daily, Weekly, or Monthly savings plans
  • Target savings for specific goals (e.g., housing, school fees)

Loan Facilities:

  • Soft loans with minimal interest
  • Business start-up and expansion loans
  • Emergency loans for health or family needs

Investment Opportunities:

  • Agriculture and food processing
  • Real estate and housing projects
  • Bulk buying and cooperative shops

Welfare Services:

  • Member welfare and support grants
  • Bereavement and emergency assistance

Business Support:

  • Training and mentorship
  • Access to cooperative markets and exhibitions

The Cooperative is governed by an elected leadership structure that includes:

  • Board of Directors: Oversees policy and strategic decisions
  • Management Committee: Handles day-to-day operations
  • Subcommittees: Loan, Welfare, Investment, Audit, etc.
  • Patrons and Advisers: Provide spiritual and strategic oversight

Registered With: Ministry of Cooperative Societies (Nigeria) and operates in line with the Cooperative Societies Act.

  • Members’ funds are managed with transparency and audited annually.
  • Surplus (profit) is shared equitably among members.
  • Loans are granted based on savings history and approved policies.
  • Financial reports are presented during AGMs.
Vision Statement:

To be a leading Christian-based cooperative society driving economic transformation, self-reliance, and community development in Nigeria.

Mission Statement:

To empower AUCLAN members through cooperative principles that foster financial growth, social welfare, and kingdom advancement.

Benefits to Members
  • Access to interest-friendly loans
  • Participation in cooperative investments
  • Profit/dividend sharing
  • Emergency financial support
  • Business and leadership development opportunities
  • Networking and partnership among Christian leaders
Frequently Asked Questions (FAQs)

Who can join the Cooperative?

Any Christian individual, church, or ministry affiliated with AUCLAN.

How do I apply for a loan?

You must be an active member with a minimum savings history. Download or complete the online loan form.

What is the interest rate on loans?

Very minimal—set based on the purpose of the loan and member savings record.

How are profits shared?

Annual surpluses are distributed to active members according to their contribution and participation.

Can a church or ministry be a member?

Yes. We welcome institutional membership.

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