How to become a member?

How to Become a Member

Joining Mayura Cooperative is a straightforward process designed to ensure accessibility and inclusivity. To become a member, individuals must meet the following requirements and follow these steps:

  1. Eligibility

    • Applicants must belong to the B40 income group and be part of the target communities (Siamese, Malay, or Indian).
    • They must demonstrate a genuine interest in participating in the cooperative’s initiatives and contributing to its mission.

  2. Purchase a Share

    • Interested individuals are required to buy a share in the cooperative valued at RM100. This initial investment represents the member’s ownership stake in the cooperative and serves as a foundation for their participation in its activities.

  3. Application Process

    • Submit an online membership application form with the necessary personal and financial details. Forms also can be obtained from Mayura Cooperative’s office or its authorized representatives.
    • Provide supporting documents, such as a copy of the applicant’s identification card and proof of income, to confirm eligibility.
    • Pay the RM100 share fee and any applicable registration charges.

  4. Approval and Registration

    • Once the application is reviewed and approved, the applicant is officially registered as a member of Mayura Cooperative. They will receive a membership certificate and other relevant documents outlining their rights and responsibilities.

By becoming a member of Mayura Cooperative offers individuals a gateway to financial empowerment, personal development, and community engagement. By purchasing a share worth RM100, members gain access to an array of benefits, including training programs, profit sharing, democratic participation, and community support. Beyond these tangible advantages, members play an active role in shaping the cooperative’s initiatives, contributing to the upliftment of their communities. Joining Mayura Cooperative is not just a financial decision—it is a commitment to shared growth and a brighter future for all.

 

 

Sijil Keanggotaan

FAQ

Members enjoy various benefits, including:

    • Access to training and development programs.
    • Participation in profit-sharing and dividends.
    • Opportunities for loans and financial assistance.
    • A supportive community and networking opportunities.

Mayura Cooperative membership is open to individuals from the B40 income group, specifically from the Siamese, Malay, and Indian communities. Applicants must demonstrate a commitment to participating in the cooperative’s activities and initiatives.

To become a member, you need to purchase a share in the cooperative valued at RM100. This payment grants you ownership in the cooperative and access to its services and benefits.

Applicants must provide:

  • A completed membership application form
  • A copy of their identification card
  • Proof of income or other relevant documents to confirm eligibility

Mayura Cooperative supports its members through:

  • Skill-building workshops and entrepreneurial training.
  • Community events to foster collaboration and cultural unity.
    These efforts aim to uplift members socially and economically.

The process includes:

  1. Confirming eligibility.
  2. Submitting the required documents.
  3. Paying RM100 for the membership share.
  4. Receiving approval and registration confirmation from the cooperative.

Yes, members have equal voting rights in the cooperative. You can participate in annual general meetings, vote on important decisions, and contribute to shaping the cooperative’s policies and initiatives.

Members are encouraged to actively participate in the cooperative’s programs and activities. Regular involvement ensures you stay informed and contribute to the cooperative’s growth and success.

At the end of each financial year, a portion of the cooperative’s profits is distributed as dividends to members. The distribution is based on the cooperative’s financial performance and the policies established during the annual general meeting.

 

Yes, members can choose to withdraw their membership by submitting a formal notice to the cooperative. Upon withdrawal, they are entitled to the value of their share and any accrued benefits, subject to the cooperative’s policies.

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