Save Together, Grow Together,
Prosper Together.
Greengate Multipurpose Cooperative Society helps everyday people — traders, shop owners, families — save smarter, borrow easily, and earn dividends year after year. No intimidation. No confusion. Just community.
Everything You Need, Simply Done
We built our cooperative around your life — not around complicated financial jargon.
Easy Savings
Save weekly or monthly at your own pace. No minimum stress — just consistent progress toward your goals.
Affordable Loans
Access loans at fair, low interest rates when you need them most — for your business, emergencies, or family needs.
Annual Dividends
Your savings work for you. Every year, members receive dividends — real money back in your pocket, just for being part of the family.
Safe & Trusted
Licensed and regulated. Your money is protected. Over 12 years of reliable, transparent cooperative management.
Community Power
Thousands of members pooling resources together. When one grows, we all grow. That's the cooperative way.
Friendly Support
Real people ready to help you. Walk in, call, or message. We speak your language and answer your questions patiently.
Built by the Community,
For the Community
Greengate Multipurpose Cooperative Society (MPCS) was founded in 2012 by a small group of traders and community leaders who believed that financial growth should not be a privilege of the few. We started with fewer than 50 members and a shared dream: to create a place where ordinary people could save with confidence and borrow with dignity.
Today, we serve over 5,000 active members across multiple communities. We are licensed, transparent, and member-owned — meaning the decisions we make are always in your best interest. Every naira you save stays within the cooperative, working for you and your fellow members.
Our Objectives
- Promote regular savings culture among all members
- Provide affordable credit to members for business and personal needs
- Distribute annual dividends fairly to all contributing members
- Uphold transparency, integrity, and democratic governance
Mission & Vision
Our Mission
To empower members of our community through collective savings, accessible credit, and shared prosperity — making financial security achievable for every member, regardless of their background or income level.
Our Vision
To be the most trusted and impactful cooperative society in our region — a place where every member grows financially, every family thrives, and every community is stronger because of the bonds we share.
Our Savings Services
Two clear saving paths — choose the one that fits your life and goals.
General Cooperative Savings
The backbone of our cooperative. This plan allows you to save regularly as a full member of the society. Your savings form the collective pool that funds loans and earns everyone dividends.
- Access to cooperative loans based on your savings level
- Eligible for annual dividend distributions
- Voting rights in cooperative decisions and AGM
- Savings do not expire — builds up over your membership life
- Loan multiplier benefit: borrow up to 3× your savings
💳 Available Saving Periods
Voluntary Savings
A flexible savings plan designed for those who want to grow their money with interest over a fixed period. Commit for one year and cash out with returns — no pressure, no lock-in beyond your term.
- Cash out savings with interest after 12 months
- Competitive interest on your savings at maturity
- Open to members and non-members alike
- No access to cooperative loans under this plan
Loan eligibility under this plan is subject to confirmation — please speak with our team for details.
💳 Available Saving Periods
Get the Funds You Need,
When You Need Them
At Greengate, we understand that life doesn't always wait. Whether you need funds to expand your business, pay school fees, handle an emergency, or invest in an opportunity — our loan scheme is designed to support you at rates you can actually afford.
Loan Multiplier Benefit
Borrow up to 3 times your total cooperative savings — the more you save, the more you can access.
Fast Processing
Loan applications are reviewed and processed promptly. No long waiting periods or excessive paperwork.
Low, Fair Interest Rates
We offer competitive interest rates far below market rates — because you're a member, not just a customer.
Flexible Repayment Plans
Choose a repayment schedule that works with your income — weekly or monthly deductions from your savings.
Loan Eligibility at a Glance
Be a registered Greengate cooperative member
Have an active savings record (minimum 3 months)
Be up to date with your savings contributions
Submit a loan application form to the office
Provide a guarantor from within the cooperative
💡 Good to know: Members enrolled in the Voluntary Savings Plan are not eligible for cooperative loans. Only General Cooperative Savings members qualify for loan facilities.
Annual Dividends — Your Reward for Saving
Unlike a bank, Greengate is owned by its members. Every year, profits generated by our cooperative are shared back with you as dividends. The more you save and contribute, the more you earn.
| Year | Total Dividends Paid | No. of Recipients | Avg. Per Member |
|---|---|---|---|
| 2023 | ₦28,400,000 | 4,820 | ₦5,892 |
| 2022 | ₦24,100,000 | 4,540 | ₦5,309 |
| 2021 | ₦19,500,000 | 4,100 | ₦4,756 |
Frequently Asked Questions
Click any question to see the answer.
Meet Our Leadership Team
Dedicated community leaders and professionals serving you with integrity and care.
Adebayo Olusegun
President
Ngozi Amaechi
General Secretary
Chukwuemeka Obi
Treasurer
Fatima Garba
Loans Officer
Samuel Ihejirika
Internal Auditor
Bimpe Adeyemi
Welfare Officer
Usman Bello
Public Relations Officer
Chidinma Eze
Financial Secretary
We're Here to Help
Have questions? Send us a message or visit us at our office.
Send Us a Message
Office Address
12 Cooperative Avenue, Greengate Estate,
Off Lagos-Ibadan Expressway,
Ogun State, Nigeria.
Phone Numbers
+234 801 234 5678
+234 802 345 6789
Mon – Fri: 8am – 5pm | Sat: 9am – 1pm
Email Address
info@greengatempcs.com
support@greengatempcs.com
🌐 Online Portal
Manage your account, check savings, and apply for loans online at:
www.greengatempcs.com