CamCCUL:3-yr-mandate renewable twice reigning

YES for eligibility also gaining increasing support

From Ashu Tidings in Douala

As the countdown to the Cameroon Cooperative Credit Union League – CamCCUL general assembly draws near, more credit unions across the country have continued to vote overwhelmingly for the 3-year mandate; renewable twice and a unanimous YES for eligibility.

In the West region, all the credit unions except one have unanimously voted for a 3-year mandate; renewable twice and overwhelmingly endorsed the YES for eligibility. As stated above, only the SCECUDS credit union in Dschang; in the West region had a slide victory against a 3-year-mandate, renewable twice.

It should be recalled that credit unions in Meme, Kupe Muanenguba and Ndian divisions in the South West region already held their general assemblies and massively voted for a 3-year-mandate renewable twice and YES for eligibility.

In the Centre, Littoral and South regions, credit unions have continued to endorse the Buea declaration. Just to name a few, PECTEN Credit Union just recently held their general assembly and voted 98% for 3-year-mandate; renewable twice and YES for eligibility.

FIMAC, Sangmelima, Manju, Mungo,  Dibombari, Edea and COFEMCED Credit Unions equally held their general assemblies recently and massively voted the YES eligibility option and for the 3-year mandate; renewable twice.

Over in the North West region, Oku, Kitiwum, Kikiakiliaki, Mbessa, Ashing, Fundong, Njinikom, Manchock Credit Unions and all Credit Unions in Donga Mantung division have met and okayed the 3-year mandate; renewable twice and voted YES for eligibility.

The exception in the North West is the Kimbo Cooperative Credit Union where thanks to the confusion by some top union officials, gullible members were convinced to vote against the 3-year-mandate renewable twice.

However, the decision of the Kimbo Cooperative Credit Union was considered a none event because they did not respect the minister’s guidelines in holding their deliberations. This means that the Kimbo Cooperative Credit Union vote against a 3-year-mandate renewable twice has been twisted and thrown into the waste paper basket.

Again, the big news is that credit unions across the country have unanimously adopted the model bi-laws that were voted in Buea.

There is of course, no gainsaying the fact that news that credit unions across the country have unanimously endorsed the Buea declaration is like sour wine in the mouth of some newspaper publishers who entered the fight simply because they wanted to escape paying the huge debts they are owing credit unions in Bamenda.