CareCoop Secondary Membership

1. What is the "Common Bond" extension?

The common bond extension allows the immediate family of a principal CareCoop member to join the society. This is designed to help families build multi-generational wealth and ensure the member's legacy continues within the cooperative.

2. Who qualifies as an "Immediate Family Member"?

Under the new guidelines, the following relatives of a principal member are eligible for secondary membership:

• Legal Spouses
• Children (This includes both biological and legally adopted children)
• Parents and Siblings (As part of the expanded common bond to include immediate family)

3.Can children below 18 years become members?

Yes. Children below 18 years can become members under the Junior Savers account managed by a parent or guardian.

4.Can members below 18 years access loans?

No. Members below the age of 18 are only eligible for savings accounts and cannot borrow.

5.Can a secondary member become a primary member?

Yes. After 5 years of membership, secondary members may transition into primary members and enjoy full membership benefits independently.

6.What happens when a member below 18 turns 18?

Upon attaining 18 years of age, the member automatically transitions into a full secondary member and becomes eligible to apply for loans subject to CareCoop lending requirements.

7.What happens to the family's membership if the principal member is deceased?

One of the core purposes of this initiative is to ensure the continuation of the legacy. By having family members already enrolled as secondary or primary members, the family maintains its connection to CareCoop, ensuring financial support and wealth building continue uninterrupted.

8. What documents are required when submitting the application? 

Secondary Membership applicants must submit the following:

Spouse

Certified Copy of NRC

1 x Passport size photo

Certified Marriage Certificate.

Signed DDACC Mandate Form

Siblings

Certified Copy of NRC

1 x Passport size photo

Certified copies of the birth certificates of both the principal member and the sibling, showing at least one common parent as proof of the sibling relationship (or an affidavit confirming relations).

Signed DDACC Mandate Form

Parents

Certified Copy of NRC

1 x Passport size photo

Children

Certified Copy of NRC

1 x Passport size photo

Certified Copy of Birth Certificate or Certified Copy of Court Order for Legally Adopted Children

Signed DDACC Mandate Form

9.How can I register my family members?

You can register your family members by downloading and completing the Secondary Membership Application Form, then submitting the completed form together with the required supporting documents to membership@carecoop.co.zm.

Download the form here: Secondary Membership Form