Backwatch Community Co-operative Society

Backwatch Community Co-operative Society is a member-driven initiative dedicated to fostering financial inclusion, collective growth, and community development. Through transparent, democratic, and supportive operations, we empower individuals and entrepreneurs to achieve financial stability and business success.

Monthly Contribution & Gift Items Program

Our Monthly Contribution scheme rewards consistent participation with valuable Gift Items (sets of big pots), scaled according to your contribution level:

• ₦100,000 monthly → 3 Sets of Big Pots (₦1,200,000 value)
• ₦50,000 monthly → 2 Sets of Pots (₦600,000 value)
• ₦40,000 monthly → 1 Set of Pots (₦480,000 value)
• ₦30,000 monthly → 1 Set of Pots (₦360,000 value)
• ₦20,000 monthly → 1 Set of Pots (₦240,000 value)
• ₦10,000 monthly → 1 Set of Pots (₦120,000 value)
• ₦5,000 monthly → 1 Set of Pots (₦60,000 value)

Contributions are made between the 1st and 10th of every month. Late payments attract a 5% penalty on the applicable category.

2026 Opening Project

As we launch into 2026, Backwatch Community Co-operative Society reaffirms its commitment to:

• Empowering Members
• Strengthening Businesses
• Impacting Communities

Why Join Backwatch Co-operative?

1. Access to Affordable Loans
   • Low interest rates
   • Flexible repayment terms
   • Fast processing
   • All loans accessed transparently through the co-operative
2. Build a Strong Savings Culture
   • Convenient annual savings with fellow members
   • Earn annual dividends
   • Achieve long-term financial stability
3. Shared Ownership & Participation
   • Every member has a voice
   • Democratic decision-making processes
   • Fully transparent operations
4. Training & Capacity Building
   • Business development training
   • Entrepreneurship support
   • Skills and leadership workshops

Backwatch Humanitarian Services

We are committed to uplifting our community through:

1. Support for vulnerable individuals
2. Education and youth empowerment
3. Health and welfare outreach
4. Community development projects
5. Emergency assistance programs

Who Can Join?

Membership is open to:

1. Entrepreneurs
2. Business owners seeking financial growth
3. Individuals desiring financial advancement
4. Community-minded persons

Banking Details for Contributions

• Account Number: 665516256660
• Account Name: BACKWATCH COMMUNITY
• Bank Name: MONIEPOINT

Join us today! Backwatch Community Co-operative Society Working together. Growing together.

Become a member and start building a brighter, more secure future for yourself and your community. For inquiries or to register, contact us using the provided banking details to begin your monthly contributions.