Responsible Credit
Cooperative commerce financing
Credit that buys what the cooperative actually needs — inputs, stock, machinery and production equipment — priced by the member's own cooperative and repaid from the activity it funds.
Input & Stock Credit Line
INPUT-CREDIT · USD
16.50%
p.a. on credit
Revolving credit for agricultural inputs, raw materials and trading stock, repaid from the income of the season it finances.
- Facility range
- $200.00 – $15,000.00
- Standard tenor
- 12 months
- Reducing balance interest
- Repaid from seasonal receipts
- Automated instalment schedule
Members with 12 months of savings history and no default
Equipment & Machinery Finance
EQUIP-FIN · USD
14.25%
p.a. on credit
Structured asset finance for tractors, processing machinery, haulage and production plant, secured on the asset itself.
- Facility range
- $2,000.00 – $120,000.00
- Standard tenor
- 48 months
- Asset serves as security
- Up to 48 months to repay
- Insurance and pledge recorded on the platform
Cooperatives and members with audited trading history
1 · Member application
The member lodges the facility request with the intended use of funds and the Co-op Store order or supplier quote.
2 · Affordability assessment
Savings history, existing obligations and the projected return from the financed activity are assessed.
3 · Committee approval
The cooperative's credit committee approves the limit, rate and tenor, within the member's liability cap.
4 · Disbursement
Funds are released to the supplier, Co-op Store merchant or the member's purse as the facility requires.
5 · Automated repayment
Repayment is scheduled against the member's cashflow, with statements and reminders through Co-op Pay.
- Rate basis
- Reducing balance, charged on the outstanding capital
- Maximum exposure
- Capped by the member's liability limit and savings history
- Security
- Share capital pledge, asset pledge or commodity intake assignment
- Missed instalment
- Reminder, then committee review before any penalty is applied
- Early settlement
- Permitted at any time; interest is charged only to the settlement date
Approved facilities are scheduled automatically: instalments are matched to the member's expected receipts, statements are issued each month, and the cooperative's finance desk and AI executives monitor arrears before they become losses.
- Repayment dates set with the member at disbursement
- Statements and reminders through the member portal
- Restructuring reviewed by the credit committee on request