COOPEDU to Transform into Bank

In the 15th general assembly held 25 March by COOPEDU a credit and savings cooperative, it has been adopted that COOPEDU will transform into a fully fledged commercial bank by the end of the year.

The 2011 audit report shows that COOPEDU cooperative wealth increased 84% valued at Frw 4.678.164.818.

COOPEDU has been in existence for the last 15years. It started with 610 members but today the number has reached 17393 including 80% as women.

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