About Neftaly Cooperative
Neftaly Cooperative is the economic empowerment and community wealth-building division of Neftaly. It brings individuals, youth, entrepreneurs, and community groups together to participate in collective economic activities that promote shared ownership, structured development, and sustainable income generation. The cooperative enables communities to collaborate, produce, trade, and grow financially through a unified and professionally supported platform.
1. Purpose of Neftaly Cooperative
The purpose of Neftaly Cooperative is to:
- Create sustainable income opportunities for members.
- Support youth, women, and community groups with cooperative-based job creation.
- Strengthen local economies through shared ownership and resource pooling.
- Promote entrepreneurship, production, and business development.
- Enable access to markets, finance, training, and cooperative support services.
2. Key Focus Areas
a. Cooperative Business Development
- Supporting new and existing cooperatives with formation, registration, and compliance.
- Assisting members in developing viable cooperative business models.
- Providing mentoring, technical support, and governance training.
b. Production & Manufacturing Cooperatives
Neftaly Cooperative facilitates community-based production such as:
- Agriculture and agro-processing
- Craft and textile production
- Waste recycling and green economy initiatives
- Manufacturing of goods for local trade
- Early-stage industrialisation projects for community members
c. Youth & Women Empowerment Through Cooperative Models
- Creating inclusive cooperative opportunities for young people and women.
- Providing skills development and entrepreneurship pathways.
- Supporting access to start-up resources, capital, and equipment.
d. Market Access & Trade Support
- Assisting cooperatives with product branding, market linkages, and distribution.
- Connecting members to local and regional supply chains.
- Facilitating participation in procurement, retail networks, and corporate buyers.
e. Training, Education & Skills Development
Neftaly Cooperative offers capacity-building programs such as:
- Cooperative governance and leadership training
- Financial literacy and bookkeeping
- Business management, marketing, and production skills
- Compliance, policy, and reporting education
- Hands-on project-based learning for members
3. Who Neftaly Cooperative Serves
- Youth entrepreneurs
- Community groups and cooperatives
- Women-led and rural cooperatives
- Informal sector workers transitioning to formal business models
- Unemployed or underemployed individuals seeking income opportunities
- Schools, NPOs, and community centres hosting cooperative projects
4. Core Principles
Collective Ownership
Members work together, share responsibilities, and benefit equally.
Inclusivity
Ensuring everyone—especially youth and vulnerable groups—can participate.
Economic Empowerment
Building long-term financial stability within communities.
Sustainability
Developing businesses that are environmentally and economically viable.
Good Governance
Promoting transparent, accountable, and democratic cooperative management.
5. Vision
To build vibrant, self-sustaining cooperative enterprises that create jobs, empower communities, and strengthen the social and economic fabric of Southern Africa.
6. Mission
To provide enabling systems, resources, training, and support that help communities establish and grow cooperative businesses that deliver real economic value and lasting impact.