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CLIMPSChanging Lives Multipurpose Ventures
Changing Lives Multipurpose Ventures • Cooperative Savings

Streamlined Savings Built for Cooperative Growth

We focus on two tailored pillars: Monthly Contribution (4% monthly) to build your cooperative equity and credit eligibility, and Regular Savings for flexible, day-to-day liquidity.

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Our Two Core Savings Products

Transparent terms, competitive returns, and member-first cooperative governance.

Core Mandatory4.0% monthly (48% p.a.)

Monthly Cooperative Contribution

Disciplined. Rewarding. Core Cooperative Thrift.

The foundation of your cooperative membership. Regular monthly dues build your personal cooperative equity, establish your creditworthiness, and unlock loan multiplier privileges of up to 300% with annual dividend profit shares.

Commitment Range₦5,000 / month (Max: ₦200,000 / month)
Tenor / HorizonAt least 1 year (12 – 60 months)
Withdrawal TermsSavings shall be for at least 1 year (12 months) or the member loses the interest. Early withdrawal prior to 1 year results in forfeiture of accrued interest.
Key Features & Privileges
4.0% monthly interest rate (48% p.a.)
Must be maintained for at least 1 year or interest is forfeited
Monthly savings commitment between ₦5,000 and ₦200,000
Qualifies you for up to 3× loan multiplier credit
Earns annual cooperative dividend profit-sharing
Automatic salary or wallet auto-deduction option
Official monthly statements and audit receipts
Manage Contributions
Voluntary & Liquid7.0% p.a. (Compounded Quarterly)

Regular Savings Account

Flexible. Liquid. Save & withdraw on your terms.

A versatile, voluntary demand-deposit account tailored for surplus liquidity. Deposit whenever you have excess funds and withdraw without hassle, all while enjoying compound interest credited to your balance every quarter.

Commitment Range₦1,000 opening balance
Tenor / HorizonNo fixed tenor (Anytime liquid)
Withdrawal TermsWithdraw up to 2× per calendar month free of charge; minimum retained account balance is ₦500.
Key Features & Privileges
Zero lock-in period — 100% voluntary and liquid
Quarterly interest payouts credited directly to balance
Instant top-up via dedicated virtual account or card
Up to 2 free monthly withdrawals with instant settlement
No monthly penalty fees for skipped voluntary top-ups
Access Regular Savings

Direct Feature Comparison

Side-by-side breakdown of the two CLIMPS savings accounts.

Feature / ParameterMonthly Cooperative ContributionRegular Savings Account
Membership StatusMandatory for all active membersVoluntary for any member/saver
Deposit Range₦5,000 – ₦200,000 monthly₦1,000 opening; any amount thereafter
Interest / Return Rate4.0% monthly (48% p.a.) + Surplus Dividends7.0% p.a. Compounded Quarterly
Minimum TenureAt least 1 year (or forfeit interest)Zero lock-in (Flexible demand account)
Withdrawal Policy1 year minimum tenor requirementUp to 2× per month free; min ₦500 balance
Loan Multiplier EligibilityEligible for up to 3× loan creditVoluntary buffer / collateral backing
Annual AGM Voting RightsYes (Full member voting privilege)Requires active monthly contribution

Frequently Asked Questions

Everything you need to know about CLIMPS savings accounts.

Monthly Contribution is the mandatory core cooperative thrift (minimum ₦5,000/mo, maximum ₦200,000/mo) that earns 4.0% monthly interest provided it is held for at least 1 year (early withdrawal forfeits the interest). Regular Savings is a voluntary, liquid wallet (starting at ₦1,000) allowing you to deposit and withdraw surplus funds on demand with 7% p.a. interest credited quarterly.

Ready to Start Building Your Financial Freedom?

Set up your Monthly Contribution (4% monthly) or start growing your liquid Regular Savings account today.

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