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By Martial Gnoukapasi A grided image of an interior of the ntamccul office and a taxi The year 2025 for members of the Ntambeng Co-operative Credit Union has been term a year of Abundant Harvest by the Union's board chair. According to him, while the credit union will continue with the implementation of programs like FODECC, PATNUC and PADFA, new partnerships have been signed with other companies that will take the credit union to another level. In his stewardship report of 2024 to members at the 57th annual general assembly, the board president Ndonwi Derick Shu said the union signed a partnership with an international investor called YUNUS INVEST, to introduce a program called CAMTAXI. The project allows for young people between 18-35 years to be owners and proprietors of their taxi through Ntambeng. Fon of Mankon blessing a donated car to the Limbe branch at 2023 AGM Another project he mentioned is the VIVA LOGONE which will start soon and shall take the union to the East regio...

By Martial Gnoukapasi  reelected Board Chair of Ntambeng Credit Union Members of the Ntambeng Co-operative Credit Union have unanimously renewed the mandate of the board president of the union Ndonwi Derick Shu and the other board members. The mandate of the board had come to an end but at the 57th annual general meeting of NTAMCULL on Sunday February 23rd, they were reinstated into their functions in a smooth election conducted by the umbrella organisation of the union RECCUCAM.  NTAMCULL board members partial view of members at 57th AGM The board president at the AGM presented a balance sheet of their activities since taking over office in 2021 when ntamccul had very deplorable records in terms of it's financial liquidity. " The assembly mandated us to rescue the union from shutting it's doors. We received blessings from the Fon of Mankon and the church of Tinkar before embarking on this journey and today we are proud to say that we have been able to remove Ntambeng from...

By Martial Gnoukapasi NtamCCUL board president Ndonwi Derick Shu speaking to the press At the 56th General Assembly Meeting of the Union Sunday February 25th, members of the NtamCCUL applauded the board of directors headed by president Ndonwie Derick, for for not only steering the credit union to safer shores but also doubling it's membership within a period of one year. With exceptional management skills, NtamCCUL for 2023 was able to register 13,871 new members alone, taking up membership of the union from 14,237 in 2022 to 28,108 in 2023, marking a growth percentage of 97.4%. This numbers led to an increase in savings from 1.59billion in 2022 to 3.36billion in 2023, giving a percentage of 111. This increase in savings also contributed in the increase in the number of loans coughed out to members to carry out their various projects. According to the board president Ndonwi Derick Shu, the credit union was able to attain this height because it tilted a little bit away from the cred...

By Martial Gnoukapasi NTAMCCUL members at 55th AGM smiles at progress of their Union The Board and Management of Ntambeng Co-operative Credit Union have been saluted in song and spoken words, after registering more members than targeted for 2022. The team received a standing ovation from it's members, at the 55th Annual General Assembly Meeting of the credit house on Sunday February 19. Ntambeng for 2022 alone, registered 7008 new members, moving membership of the Union from 7240 to 14237 members, representing a 97%  growth rate in membership for 2022. Shares, Savings and Deposits for 2022 as compared to 2021, moved up by 15.6%, 55.7% and 94% respectively. Another saluted milestone in the life of the credit union recovering from a financial surgery. Loan delinquency which stood at 59% in 2021, was also admirably dropped to 35% in 2022. According to Ndonwi Derick Shu, President of the board of directors, these strides have been made, thanks to the rekindled confidence bestowed by t...