Tuesday, October 21, 2014

At NtamCCUL’s Head Office Edifice Inauguration -DO B’da II Pledges Support RECCU-CAM, Marvels at Achievements

         One of the fastest growing credit unions in Cameroon, Ntambeng Cooperative Credit Union LTD- NtamCCUL now has a magnificent head office. Located at Ntambeng-Mankon, the structure described by many as a gem is a two story structure ornamented with ceramic tiles. It is made up of beautiful modern offices, a conference room, beautiful water system modern toilets and an access way for those with special needs.
          Welcoming members, sister credit union exco members, RECCU-Cam executive and the Divisional Officer for Mezam, the president of NtamCCUL, Mumandam Valentine Che recounted a brief history of the union. According to him, NtamCCUL was created some 47 years ago by reasonable people like Pa Adey, Pa Ngu, Pa Atanga and Pa Jacob etc as a loan scheme, “the scheme today known as Ntambeng Cooperative Credit Union LTD has gained its foundation from these people”
          NtamCCUL affiliated to the most trust worthy, reliable and fastest growing networks in the Anglophone region has of recent “developed in activity, personnel…and infrastructure,” the manager observed. It nurturing activities and projects aimed at empowering its members and the youths in general in the domains of information technology, education, agriculture, construction and business has earned the union the nickname “BABYSITTERS.”
          The president emphasized on the fact that Ntambeng operates within the framework of a new vision-a vision which is centered on the people which “seeks to provide a self reliant and economic stable environment for many Cameroonians.” The products and services of the union are geared towards poverty alleviation, thereby reducing the gap existing linking the have-nots and the haves.  NTamCCUl, the president said, has as a new slogan “We Grow With Our Members.”
Enter The President Of RECCU-Cam
          Anye Judith, a woman who has defied all odds to put sanity in the credit union movement which has been transformed into an elitist movement by some power hungry and unscrupulous people and who today is the president of the Renaissance Cooperative Credit Unions in Cameroon, RECCU-cam told the population that the network is waxing strong and growing from strength to strength. She said despite all propaganda and machinations employed by detractors of the network, she was happy to tell the people that the LORD has done and would still do it for the Network and its members.
          While corroborating the President, the General Manager of RECCU-CAM, Mr. Sounjo disclosed that the structure was constructed under the supervision of RECCU-Cam and should serve only as the Head office of NtamCCUL.
          He further was unequivocal by declaring that those who still think that at this moment in time and in a free market as we do have today, they can still practice monopoly are living in a dream world. According to him, competition in the credit union movement can only benefit its members and so RECCU-Cam has come to stay. RECCU-Cam within the the one year six months of its existence has grown in leaps and bounds with an increase in its shares and savings from FCFA 27billion to FCFA 30billion.
Enter the Management of NtamCCUL
          The General Manager of NtamCCUL, Mr Glynn Mokum and his assistant while elaborating on doing business with NtamCCUL, beckoned on the public to massively open up account with the union because of the numerous benefits they stand to gain. Apart from acquiring low interest rate loans at 1.3%, sponsoring and financing of projects, savings and others, they also presented two new products offered by the union. These included NtamCCUL/Voila Digital Inclusion Program (NVDP), which enable members to have access to ICT gadgets and Rise to Inspire, Develop and Excel (RISE) which makes available FCFA100000 each to one hundred recipients yearly as startup capital for any good projects. 
Enters the DO for Bamenda II
          The Divisional Officer for Bamenda II while congratulating the NtamCCUL for the realization of the magnificent building and a job well done said the structure should be judiciously used and taken care of. According to him, the construction of such a structure was indicative that the NtamCCUL is heeding to the clarion call by the Head of state President Paul Biya for people to be innovative, dynamic and visionary so that 2035 would not be a mirage. The structure, he said was a public show of patriotism by the management and the Board of Directors of NtamCCUL. In this regard, he also called on the people of Mankon to collectively carry out business ventures that would lead to the development of the village.
          Praising and declaring his support for RECCU-Cam, the DO said with such a litany of achievements which is indicative of proper management and probity it will take only a fool not to belong to such an umbrella organization. While describing RECC-Cam as a “winning” Team, he beckoned on other credit unions that are hesitant to join the network to do so as better days are ahead.

          Apart from the dancing and jubilation that characterize the inauguration event, the build was blessed by the Rev. Father of Ntambeng Catholic Mission and the traditional authorities of mankon. They all asked God not only to preserve the structure, but also the management and members of NtamCCUL

 

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