Twitter
Facebook
Youtube
Instagram
Telegram
LinkedIn
DO YOU WANT TO CONTRIBUTE SOCIAL CAPITAL?
With 19 years of experience, more than 1100 partners, 23 projects (11 already in coexistence) and more than 130 homes already in use, Sostre Cívic has already ensured that our model of cooperative housing in right of use is a safe, viable and affordable option to guarantee the right to housing. The project, however, already has a considerable dimension that needs to strengthen its financial economic level in order to grow and guarantee the leap of scale necessary to reach large layers of the country's population.
Maintaining the status of a non-profit cooperative, we need to strengthen ourselves financially to grow and guarantee the leap of scale necessary to help new projects and their affordability.
WHAT IS VOLUNTARY SHARE CAPITAL?
It is the capital that every partner contributes voluntarily to the cooperative (that is, beyond the €100 mandatory initial contribution). This capital receives an annual remuneration of 3% per annum, reviewable by the General Assembly or agreement of the Governing Council.
CAN I ASK FOR THE RETURN OF MY CAPITAL?
Yes, with the limits approved by our Assembly: it can be returned in a maximum of 3 months and with a total annual return limit of 20% of voluntary contributions.
WHAT WILL WE DO WITH THESE CONTRIBUTIONS?
On the one hand, the contributions will serve to financially strengthen the cooperative by generating treasury funds, providing solvency towards financial entities and administrations. In addition, it will help the development of the daily activity of the cooperative by promoting the replicability of projects and helping their affordability.
WHAT AMOUNT CAN I CONTRIBUTE?
The minimum capital is €1.000
CAN I WAIVE INTEREST ON MY CONTRIBUTION?
Yes, you can waive interest. In this way you contribute to strengthening yourself financially Sostre Cívic and to guarantee the right to housing.
WHAT IS THE RISK OF THE CAPITAL CONTRIBUTION?
Sostre Cívic it has an annual audit and quarterly economic monitoring carried out by the Economic Board, delegated body of the Governing Council. This precisely avoids getting into risky situations. Voluntary capital is considered subordinated debt and this means that, in a hypothetical crisis, the order of debt payment would be: first the Administration, workers, credits and loans, equity securities, then the voluntary social capital and finally the mandatory share capital.
For more information you can contact us at info@sostrecivic.cat
