We have set up Enaleni Community Limited as a platform for interested and dedicated social investors who would like to provide capital for Turning Matabeleland Green (TMG). Investors can buy community shares and thus become members of the TMG community.
Most Important Facts In Brief
To purchase community shares you have to email us for an investor pack with all the relevant information as well as sign-up forms. All shares are valued and fixed at £1/share. The minimum amount of shares to purchase is 300, the total maximum is 100,000 shares. You are allowed to split your ordered share package in up to twelve separate but equal tranches (e.g. 300 shares ÷ 12 = 25 shares/month). Each tranche will be made available with the receipt of its relevant payment at the agreed date
Interested in investing? Email us for an investor pack on email@example.com
The shares you buy are used 100% for investments into assets and equipment relevant to make TMG a success. To limit your risk as investor, these assets will be insured.
Enaleni Community Limited is a Society for Community Benefit, registered as Society Number 3210SR.The rules of Enaleni Community Limited, which are based on the Co-operative and Community Benefit Societies Act, 2014 and approved by the Financial Conduct Authority, build the legal framework in which Enaleni functions. However, potential investors must be aware that Enaleni is committed to operate consistently with biblical economic and financial principles.
Enaleni shares are non-speculative, non-interest-bearing, non-transferable, but generally withdrawable. On the one hand they do carry the risk of partial or complete loss in case of business failure. On the other hand they do entitle for an annual proportional payout of a fair and reasonable portion of realized profits that will not endanger the economical success and stability of the project. As a shareholder you are entitled and encouraged to attend and vote at the AGM. Irrespective of the size of the shareholding, every shareholder has only one vote.
But remember the LORD your God, for it is he who gives you the ability to produce wealth. Deuteronomy 8:18
About Community Shares
So, what exactly are community shares and how safe are they as an investment vehicle? While a relatively new investment vehicle, community shares are especially suitable for enterprises whose aim is not simply earning a profit, but also generating a community benefit. There is a lot of information about what they are at the Community Shares website which is run by the Community Shares Unit (supported by the Department for Communities and Local Government), as well as a simplified guide on the Money Advice Service website.