Tuesday, April 17, 2018

New in Mankon,Bda & in the Micro Finance Sector in Cameroon; ALAMATU Cooperative Credit Union Officially Open its Doors

Ø Guarantee Customers Services & Security
The Category A1 Micro finance institution with appellation ALAMATU Cooperative credit union (ALAMCUL) affiliated to RECCU-CAM in the heart of economic hardship and stagnation in Anglophone Cameroon has on the 1st day of April 2018 in Mankon at its head office decided to open its doors and be of service to the population around mile 7 in particular and Cameroonians in general.
The ceremony which brought together businessmen and women of different class at the mile seven Catholic Church esplanade to witness the grand launching of this maiden, baby vibrant credit union officiated by the DO of Bamenda II represented by his first assistant Mr Yenika Daniel  is the initiative of some Makon industrious businessmen and elite headed by Ade Roland who doubles as the acting board chairman. Who though mile 7 quarter needed a proximity micro finance house looking at the speed at which she was growing and the increasing number of business places not to talk of industrious economic activities going on.
The need to boast development and work towards the quarter’s emergence through regular savings and borrowing wisely forms part of the major backbone for the union’s creation. Creating jobs and employment at the same time securing and protecting indigenes resources will be one of the major fall out of the venture” according to mayor Bamenda II Balick Awah Fidelis speaking at the occasion during his welcome address commending the initiative while encouraging the population to open accounts and let the union grow.
Mr Fon Amos seating in for RECCU-CAM the umbrella body to check and control the smooth functioning of the union cautioned management to beware of dishonest members and go in for quality customers and not quantity. Their services should be rigorous, the union should function for the interests and benefit of all its members, jointly managed and controlled by owners of the institution.
The DO’s representative Mr Yenika Daniel, launching the credit union on his part encouraged the brains behind such a laudable initiative and enjoined them to be each another’s keeper while  appealing on the population to make use of the union to also grow by saying regularly, borrowing wisely and paying promptly.
The ceremony which began with week long activities as part of commemoration to the launching exercise, saw the finals of the launching trophy and raffle draws which ditched out hundreds of prizes to the public ranging from spades, cutlasses, to Flat screen Televisions, fridges, Phones and a motor bike. 

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