welcome to

Rainy Day Cooperative Society

Rainy Day Cooperative Society was founded with the primary aim of ensuring members of the society have a community to save in USD and invest in other durable enterprises.

about us building tomorrow today

Rainy Day Cooperative Society was founded with the primary aim of ensuring members of the society have a community to save in USD and invest in other durable enterprises.
It was registered by the Lagos State Cooperatives Federation And inaugurated in November 2023
Membership is voluntary and there are perks for invitations and member bonuses

Why don't you join us Member Benefits

Frequently asked questions questions & answers

Anyone who has an income and wishes to save for the rainy days

By simply registering via https://portal.rainydaycoop.com/account/auth/register and confirm membership by paying a one time membership registration fee of $50 equivalent in naira.

Yes, you get 20 USD For every single referral

Discounted Consultation with professionals who are members of the group, discounts on sales.
Direct access to deals brokered for the community
Direct Access to invest in stable businesses and durable assets that have been collectively evaluated by the community.
Collaboration with other prudent, business minded professionals

The earliest withdrawal is 5 years after your first savings to enjoy the full interest.

You can withdraw all your USD savings before 5 years, you get the total of your principal only.

Yes, you can withdraw partially. The next interest will be paid on the balance.

We source for good properties and co-own with the benefit of receiving returns until your acquired shares of the property are sold out by you to other members of the cooperative. You earn dividends on the profit(surplus) from businesses conducted by the cooperative, as agreed by the members.

No, we are for savings, investment and enterprise. No lending

All our savings are managed in bulk by major investment banks, licensed by Securities and Exchange Commission (Nigeria)

The savings are converted to USD immediately, and invested wholesale by our partner investment bank in bulk at a higher interest in stable instruments like eurobonds than doing so individually.

We currently do not have a minimum, but you must save monthly.

RainydayCoop as a cooperative it's owned and managed by members, so all decisions are made for the good of the members. We are democratic and transparent about everything we do, unlike fintech apps that management is different and answerable to customers.

You can transfer naira into your own named account with the cooperative and it is converted to USD at the rate of the day.

Not at the time, We currently accept NGN only for ease of collection via your named personal account with Rainyday Coop.

This is a monthly savings towards providing financial support towards the children’s tuition. The payout is done in the form of tuition payment directly to the selected educational institution in the selected currency.

This is long-term funding towards the members’ retirement plan. The payout is done upon attaining a qualifying age.

Inside your personal Rainyday dashboard, you can select the percentage split between Troway and My Pikin. You can adjust your selection anytime.

No, you generate an account number from your Rainyday dashboard after fully registering. All your savings must come through that account number, for easy reconciliation and compliance.

our smart people meet the team

Olufunso Akinsanya president

Testimony asegunmute general secretary

Ruqayah Okunola Treasurer

Fola tanimola Supervisory Chairman

building tomorrow today

save & invest ahead for
rainy days in USD

Are you looking for a community to preserve wealth for the rainyday, while focusing on your main hustle?

about us

Rainy Day Cooperative Society was founded with the primary aim of ensuring members of the society have a community to save in USD and invest in other durable enterprises.

contact us