Lombanani Capital Group Co-Operative
" More. Together "
mission
0
Members
0
Share Capital
Raise a private equity capital fund of R5 million to capitalise the acquisition and development of 20 residential units for rental on the basis of a Corporative Financial Institution(CFI) by July of 2027, among a minimum of 200 members each contributing R350 per month.
the purpose
The purpose of the LOMBANANI CAPITAL GROUP CO-OPERATIVE are :
- To grow members’ wealth and create inter-generational equity for the benefit of current and future members;
- To grow a functional network of African professionals and students who will manage and coordinate the affairs of the Group;
- To raise a permanent and growing base of Capital Contributions to meet the R100 000.00 Co-Operative Financial Institution Share Capital Requirement;
- To reach a minimum membership of 200 members; and
- To register the current GROUP as a Co-Operative Financial Institution under the Co-Operative Banks Act 40 of 2007