About Us
Our Story
Mesteemic Thrift & Cooperative Society was founded to coordinate young professionals and like-minded entrepreneurs in organizing a pool of private funds that will serve as a reliable source of credit and investment opportunities, according to which members can look like organized, reliable, and affordable ways to achieve personal and socio-economic development.
Our aim is to develop individual skills while increasing our common capacities and strengthening our economy. We believe that young professionals deserve to invest their skills and energy in their own future instead of fighting for rare opportunities with large multinational companies.
We mainly focus on people with whom we share common values and ideologies; those who are young professionals, ambitious, aspiring, or successful entrepreneurs, to fulfill their personal, economic, social, and academic aspirations through a jointly-owned enterprise; Mesteemic Thrift & Cooperative Society (MTCS).
However
, there are different types of cooperatives depending on the role they play. In fact, there are more than 120 types of cooperatives that have different functions and purposes. Examples are credit unions, agricultural cooperatives, marketing cooperatives, manufacturing cooperatives, housing cooperatives to name a few. In an effort to technically combine roles and functions, many cooperatives today register as multi-purpose cooperatives engaged in different types of economic activities in order to be competitive in the market. They are also called mixed, multi-purpose, universal, or integral cooperatives.
Mesteemic Thrift & Cooperative Society deals with product marketing, processing, sourcing, transportation, storage, trading, equipment repair, etc.
Our Philosophy
Our philosophy is simple; there is incredible strength and incredible opportunities in joint endeavors. We believe that people can achieve much more together than individually, entrepreneurs and owners of small and medium-sized businesses can achieve their dreams with or without excessive traditional bank loans. We are convinced that there is a postmodern approach to savings and credit cooperation; we can develop our individual skills while developing our common capacities and strengthening our economy; over the years the Cooperative has really helped members gain easy access to loans, build local enterprise whether in the farming sector or consumer goods sector, industry sector, production sector, etc as the need applies and get profits, also we help fund building projects via the loans either for personal abode or letting. we also encourage the saving culture, help grow their financial and economic status, and also improve their class as a people to name a few.
