Kanjini Co-Op will increase its membership in stages as the development of our properties progresses.
We are now offering our last three Foundation Shares to raise the funds to build our first share house on the land.
These Foundation shares are still priced at $100,000, can be applied
for with a minimum $20,000 deposit and for all applications received
before 30-06-2017 only half the usual interest rate will be charged on
the outstanding share capital.
Foundation shares attract an extra dividend and additional voting rights
of those three new shareholders will also be offered a room in that
first share-house on our magnificent "Adler Hill" property.
In addition to those we are offering three Introductory Shares.
Introductory Shares cost $10,000, can be applied for with a minimum
$2,000 deposit and for all
applications received before 30-06-2017 only half the usual interest
rate will be charged on the outstanding share capital. There is a
possibility for at least one of these share holders to work off all or
at least most of their share capital.
One of the positions is for a camping manager, another for a builder,
and the third could be for an organic farmer (livestock or small crops)
We are also inviting
expressions of interest from institutional shareholders, ideally
conservation organisations or any organisation which would have an
interest in us looking after the land and its flora and fauna,
especially the endangered and critically endangered species we have on
our land or an interest in this large property being developed in a
sustainable way, with permaculture principles and without the use of
Our different membership classes
In our studies of communities we have found that often members
(especially in later years) start voting in their personal interest
rather than the interest of the vision, so we'd like to create a voting
block which can prevent that from happening and ensures that future
Kanjini Co-Op residents stay true to our principles. So if you are
part of or know any organisations which might be interested to be
involved, please let us know about them and if possible email us their contact details.
We are open to creating a new class of shares if current share options
will not suit, but at this stage are looking for interested parties to
discuss the options.
people with lots of energy but little money to come and live with us
and earn their share by working on realising this vision.
For more information on shares and the rights and liabilities attached, check out our Kanjini Co-Op Share Prospectus
How to become a Kanjini Co-Op member
is a process which usually takes several weeks or month as we all need
to get to know each other and feel good with each other.
First you need to fill out this Supporters Questionnaire
You will then be contacted and invited to get to know some of the
existing shareholders, attend meetings and if possible come and
experience the land.
Once we get to know each other a bit better and both feel good about
each other, we will supply you with a membership application form and our disclosure statement, which
clearly spells out all the rights and liabilities related to a share in
If you are happy with the contents of the disclosure statement, you may fill out a membership application form.
That form will be tabled at our next board meeting and if the board
approves your application, it will set a trial period and the
conditions for that.
Once you completed your trial period, your application will go to a general meeting for final approval.
Altogether we can create a sustainable future.
Active Membership Requirements
To maintain active membership of the cooperative, a member shall:
1. Hold a minimum of one Full or Foundation share
2. Pay an application fee as outlined in the Disclosure Statement
3. Commit to pay Annual Subscription levy as outlined in the Disclosure Statement
4. Keep up to date with payments due
5. Commit to provide labour as per Labour and Food schedule
6. Commit to Maintenance Contribution agreements as per Maintenance Contribution Schedule
7. Provide a proxy when required
8. Commit to abide by the rules
9. Provide valid contact details to the Co-Op at least once a year
10. Adhere to the Conflict Resolution Policy (Disclosure Statement Annexure)
11. Abstain from stealing and/or physical violence on any property owned or leased by Kanjini Co-Op
12. Commit to participate in the equivalent of a one week residential
workshop with all members once a property has been purchased or to
commit to a three month trial period.
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