Thursday, May 19, 2016

Looking Glass: BAPCCUL Creates the Unexpected in Ndu at EGM

 Members of the Bamenda Police Cooperative Credit Union LTD (BAPCCUL) of Ndu and Mbot gathered on May 18, 2016 in Ndu to take stock of their activities in what is known in the microfinance sector as Education General Meeting (EGM). The meeting which took place at the Ndu branch office was groundbreaking given the massive turned out. Welcoming members and would-be members, Musa Shey Nfor, President of BAPCCUL disclosed that withing a very short time, BAPCCUL has recorded giant strides in the Ndu and Mbot branches. Harping on the statics, and growth, Musa Shey Nfor said that there was a geometrical increase given that Ndu branch moved from 670 members in 2015 to 1050 in 2016 with total savings of 271 million in 2015 to 350 million in 2016.
Mbot branch, he revealed recorded a breaking record as membership increased from 277 members in 2015 to 461 members in 2016. He also revealed that BAPCCUL will be expanding it tentacles to Nwa in the days ahead with the opening of a new branch office. Moving into the rural areas and providing remedy to poverty related issues, he added is one of the main objectives of the union. The Nkambe Branch is expected to hold it EGM on May 19, 2016 at CamCCUL building. 

Photo Credit: Gibip Bernard

When News Breaks Out, We Break In. (The 2014 Bloggies Finalist)

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