HMC
Shares at Harvest Multipurpose Cooperative
PATHWAY 02

Shares

Shares turn a saver into an owner. The more you hold, the greater your claim on the dividends declared each year.

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Shareholding at a glance

Price per shareUGX 10,000 per unit
Minimum subscription5 units (UGX 50,000) at entry
Maximum holdingUp to one third of available units
ReturnsDividends declared at the Annual General Meeting

Savings and shares are not the same thing

Both grow your position in HMC, but they do different work. Most members hold both.

Savings earn interest

Your savings are your own money held in the cooperative. They earn interest, they back your loan eligibility, and you can withdraw from them subject to the minimum balance.

Shares earn dividends

Shares are your ownership stake in HMC. They are not a savings balance to draw down. They entitle you to a share of the surplus the cooperative declares each year.

Paying for shares

Stanbic Bank
9030019149799Lugogo branch
DFCU Bank
01363678850784Kyadondo Road
MTN Mobile Money
0778103079Direct transfer
MTN MoMo Pay
151210Has 0.5% charges
Airtel Pay
1192204Direct transfer
FlexiPay
244246Dial *291# → Pay Merchant

Account name for all transfers

Harvest Ministries (Naalya) Multipurpose Cooperative Society

Always include a narration

Format: HM[HMC Number] [Name] [Amount] shares/savings, for example “HM1234 Showanda 50K shares”. The paying phone number must be registered in the member’s own name.

Payment instructions

  • Use the narration format: HM[HMC Number] [Name] [Amount] shares.
  • Example: HM1234 Showanda 50K shares.
  • The phone number used must be registered in the member's own name.
  • Share the proof of payment in the HMC Network WhatsApp group.
  • To view your share account in Cinnamon: Menu → Shares → View Shares → Details.

How dividends reach your account

  1. 01The financial year closes on 31st DecemberAll transactions are calculated as at 31st December of the previous year.
  2. 02The AGM sits in MarchFinancial statements are read and presented, and the return on investment is shared with members.
  3. 03Percentages are announcedInterest and dividend percentages are declared to members at the meeting.
  4. 04Accounts are credited within two weeksInterest and dividends are uploaded to member accounts within two weeks after the AGM.
HMC members and leadership at a cooperative gathering

Arise. Build. Own. Grow.

Join the structure, save consistently, buy shares, and participate in the opportunities that create long-term impact.

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