CODIC is an abbreviation for Co-Operative Development Information Center Limited.
Codic is wholly owned by the co-operative movement through representative membership of Primary, Secondary and Country-wide Co-operative Societies
Societies/Unions are encouraged to join CODIC so as to uplift the standard of computerization within the movement. At CODIC, we are a co-operative society and fully understand your operations thus we have what it takes to meet your needs in terms of service provision as well as returns on investments.
For a society to become a member, one is required to fill the Registration Form and pay Registration Fee of Kshs. 1,000. The minimum shares is 10 and members are encouraged to gradually build their shares to 100. Each share is worth 1,000
As from 2012, elections are held in each province for delegates who will serve for a term of one (1) year. For one to become a Delegate, the minimum shareholding that the society is expected to have is 1,000 shares.
At the Annual General Meeting, the 50 Delegates will elect Board Members who will serve for a term of three (3) years. Every year, one third (1/3) of the board members will retire and new ones will be elected to replace them. Board Members are expected to have a minimum of 2,000 shares.
Where does CODIC invest members funds?
As a co-operative society, our activity is information processing. Our core business, therefore is investing in the provision of cutting edge Information & Communication Technology products, solutions and services to all types of co-operative societies within the Republic of Kenya.
These range from computer hardware, software, stationary, ATM Services, SMS Banking, Mobile Banking, Internet Banking, Wide Area Networks, to Stationery among others.