OPPORTUNITY TO OWN A STAKE IN TACOFACOOP-BOD, BAKEBE VILLAGE
This is one of Upper Banyang Sub Division’s potential investment opportunity, Tali Cocoa Farmers Cooperative Society (Tacofacoop-bod), Bakebe Village has been talking over a few years. Now the wait is almost over. Tacofacoop-bod, Bakebe Village is offering Shares for subscription targeting its investment goals. Knowing about Tacofacoop-bod is one thing. Knowing how to actually buy the Shares and becoming a member or an investor is another. How much do you need? Where do you apply or subscribe? And what happens after you make the payments? Here is the simple guide to what you need to know before putting your money into Tacofacoop-bod, Bakebe Village:- The first step is that, you can simply walk into the office of Tacofacoop-bod during working hours and meet the staff and ask to buy Shares. For the local cocoa farmers, you need a guarantor who is already a member. You will typically need a valid means of identification, and attestation of your farm issued by the Traditional Council of your village of residence with details of size of your farm, location and production capacity to complete the registration. Secondly, your Shares need somewhere to be kept after you buy them. The Bookkeeper will usually help you set up a ledger and offer you a Passbook. This is where your Tacofacoop-bod Shares will eventually be recorded if you receive an allocation. Thirdly, you decide now how much money you are comfortable putting into the Tacofacoop-bod, Bakebe Village. Each Share costs 100.000 Fcfa, but the minimum subscription for only investors (people without cocoa farms) is 10 Shares and those with cocoa farms is 1 Share. So, you need at least 100.000 Fcfa, if you own a cocoa farm, and at least 1.000.000 Fcfa for investors to participate, while 100 Shares cost 10.000.000 Fcfa. You do not have to invest a huge amount to get started. Just remember that the value of your Share can go up or down after trading begins. When your account has been opened with Tacofacoop-bod, Bakebe Village and may wish to buy more Shares, you can do further payments ONLY through MTN MoMo through any of the Three Official Signatories namely:
Chairlady, Madam Besong Lydia Ayuk’s MoMo account: 00237-675539121,
Vice Chairman, Mr. Agbor John Ayuk’s MoMo account: 00237-675011783
Treasurer, Madam Esther Achuondakaw Angetaboko’s MoMo account: 00237-677246674
You pay directly into any of Tacofacoop-bod’s bank account and obtain a receipt, enter the number of Shares. Only use any of the official channel and inform any official of Tacofacoop-bod, Bakebe Village. Once the process is completed, you will be told how many Shares you received. Your Shares will then be credited to your investment account or Passbook. If you buy or receive Tacofacoop-bod, Bakebe Village Shares, they become part of your investment portfolio. You can also choose to hold the Shares and potentially earn dividends if the Cooperative Society declares them. In other words, buying the Shares is the beginning, not the end, of the investment. You may also think about these few things before investing please. The Cooperative’s strong financial performance is encouraging, but members or investors should look beyond the headlines before putting their money in. The Cooperative can make profits and loss, marking a significant turnaround. However, members or investors still need to consider other risks. Tacofacoop-bod Bakebe Village is planning to increase its capacity, making its expansion plans and important part of the investment story or journey. Members or Investors may also want to note the proposed quota and option to receive dividends, subject to the prospectus. This can be significant for investors concerns, but the exact terms shall always be checked and declared