Frequently Asked Questions

What is Skyler Cooperative? +

Skyler Cooperative is a member-owned community that pools resources to create affordable opportunities like housing, business support, and financial growth for all members.

Who can join? +

Anyone who shares the vision of collective progress, transparency, and member empowerment can join, as long as they complete the registration and verification process.

How much is the monthly contribution? +

Members contribute minimum of 1000 naira every month. This money is pooled to fund housing projects, investments, and member support programs.

What do members gain from joining? +

Members enjoy access to cheap housing plans, business support, shared profits, emergency financial help, and community protection from predatory capitalist systems.

Is Skyler Cooperative anti-capitalist? +

The cooperative is against exploitative capitalism. It promotes fairness, equality, shared ownership, and decentralised leadership so power is not concentrated in one person’s hand.

How does decentralised leadership work? +

Leadership is shared across working groups, committees, and elected representatives. No single person controls the cooperative. Every member has a voice and decisions are made together.

Are member contributions safe? +

Yes. All contributions are recorded, audited, and monitored. The cooperative uses financial rules, digital tracking, and transparent accounting to protect member funds.

What is the benefit of the cheap housing plan? +

Members contribute monthly, and the cooperative uses the pooled funds to secure land, build affordable homes, and allow members to own homes without bank loans or high-interest systems.

How does profit-sharing work? +

Profits from cooperative businesses, investments, or community projects are shared among members based on agreed rules. Everyone benefits, not just a few leaders.

How do members access loans or support? +

Members can apply for support based on contribution history, needs, and cooperative policies. Interest rates are low or zero because the goal is empowerment, not exploitation.

Does Skyler Cooperative have a physical office? +

Yes. A temporary registered office exists while the cooperative sets up a permanent administrative space.

How are disputes resolved? +

There are clear dispute-resolution rules handled by a committee chosen by members. Issues are settled quickly and fairly.

How do I update my personal information? +

Members can submit a formal request to update their email, business name, bank details, or address in the cooperative records.

How do I contact support? +

Email us via support@skylercooperative.online or use our live chat feature on the site.