Halo Invest · Society
Eighty members. One laptop. And a WhatsApp group at 11pm. Halo Society gives your society a real back office — and gives every member their own account.
Halo Nigeria Capital Management Ltd — SEC-licensedHalo Microfinance Bank Ltd — CBN-licensed
The register
Most cooperative disputes are not really about money. They are about whose version of the record is correct. Here is the same month of dues, kept two ways.
| Reference | Member | Dues due | Recorded | Status |
|---|---|---|---|---|
| —SOC‑0417 | Zainab Garba | ₦25,000 | ?₦25,000 | Disputed she says she paidConfirmed 04 Mar, 09:41 |
| —SOC‑0418 | Ayodele Fashola | ₦25,000 | ₦25,000₦25,000 | On the sheet no receiptConfirmed 01 Mar, 14:22 |
| —SOC‑0419 | Uchenna Nnamdi | ₦25,000 | —₦0 | No entry nobody is sureOutstanding reminder sent 02 Mar |
| —SOC‑0420 | Yetunde Osinaike | ₦25,000 | ₦20,000?₦20,000 | Mismatch two figures existPart paid ₦5,000 outstanding |
| —SOC‑0421 | Suleiman Yakubu | ₦25,000 | ₦25,000₦25,000 | On the sheet no receiptConfirmed 28 Feb, 08:55 |
| —SOC‑0422 | Nkechi Ibe | ₦25,000 | ₦25,000₦25,000 | On the sheet no receiptConfirmed 02 Mar, 16:30 |
Four of these six rows cannot be defended at an AGM. Two members are in dispute, one has no entry at all, and the entries that do exist have nothing behind them.
Every row is now attributable, timestamped and referenced. Two members are still behind — but nobody is arguing about it, and the register reconciles itself.
Illustrative record structure. Member names are examples, not real members.
Two ways in · one set of records
So they do not get the same one. The cooperative is run from a web portal built for a committee. Members hold their own accounts on their own phones. Both write to the same register.
For the cooperative
On the web — for chairmen, treasurers, secretaries and committee members.
For every member
On Android and iOS — for every member of the society.
What Society handles
Set the schedule once. Contributions are recorded against the member who made them, with a reference and a timestamp. Arrears are visible before they become a problem.
The cycle, the order, and whose turn it is — held by the system instead of by memory. Everyone can see the same rotation.
Requests come in through a process rather than a phone call. Eligibility is calculated from the member's own contribution record, so the queue is defensible.
Every member can pull their own history without asking the secretary for it. That single change removes most of the friction in a cooperative's year.
Money the society is holding does not have to sit in a current account earning nothing. It can go into the Halo Equity Fund — Nigeria's No. 1 performing equity mutual fund in 2025 — managed by Halo Nigeria Capital Management Ltd.
None of it sits in a pooled wallet. Every naira is attributable to a named member. That protects your members — and it protects whoever's name is on the records.
Founding Cooperative cohort
Founding Cooperatives shape how Society works for everyone who comes after them, and they are not treated like a queue number.
Questions your committee will ask
Your executives use the Halo Business Banking Portal on the web — that is where the register, contributions, Esusu cycles, loans and statements are managed. Members only need the HaloInvest app on their phone. Nobody has to learn both.
No. Each member holds an individual account in their own name, with their own balance and their own statement. There is no pooled wallet at any point, and every contribution carries an audit trail back to the member who made it.
Member accounts sit with Halo Microfinance Bank Ltd, which is licensed by the Central Bank of Nigeria. Investments are managed by Halo Nigeria Capital Management Ltd, which is licensed by the Securities and Exchange Commission. Licensing means oversight — it is not a guarantee of returns.
₦10,000 into the Halo Equity Fund. That threshold is deliberately low so that a society's newer or lower-income members are not excluded from the group's investment position.
Yes — this is part of onboarding rather than something you do alone. Bring whatever you have, in whatever state it is in. Spreadsheets and paper ledgers are both normal starting points, and we would rather see the real thing than a tidied version.
Tell us your current registration status on the form — registered, in progress, or not yet — and we will confirm exactly what applies to your situation before you commit to anything. It is a short conversation, not an obstacle course.
Founding Cooperative terms are agreed per society, because a 40-member staff cooperative and a 900-member trade association are not the same proposition. We will put the numbers in front of your committee at the walkthrough rather than leave you to guess at them here.
No. The portal is on the web and the app is on any Android or iOS phone. Tell us your state on the form and we will arrange the walkthrough to suit — a call works just as well as a room.
Waitlist open
This goes straight to the Halo Society team. Ten fields, most of them a single tap — we would rather you finish it than fill in a form built for us.
