{"id":54725,"date":"2025-07-01T13:06:00","date_gmt":"2025-07-01T13:06:00","guid":{"rendered":"https:\/\/new.igihe.com\/copedu-plc-posts-over-frw-3-42-billion-profit-in-2024\/"},"modified":"2025-07-01T13:05:50","modified_gmt":"2025-07-01T13:05:50","slug":"copedu-plc-posts-over-frw-3-42-billion-profit-in-2024","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/copedu-plc-posts-over-frw-3-42-billion-profit-in-2024\/","title":{"rendered":"COPEDU PLC posts over Frw 3.42 billion profit in 2024"},"content":{"rendered":"<p>During the meeting, shareholders were commended for their decision to increase equity participation, a move aimed at supporting the construction of COPEDU PLC\u2019s new headquarters.<\/p>\n<p>According to the institution\u2019s financial report, customer deposits rose by 11% to Frw 32.3 billion, up from Frw 24.8 billion. Total assets also increased by 9%, from Frw 46.3 billion to Frw 51.25 billion. Member savings grew by Frw 3.83 billion during the same period, climbing from Frw 34 billion to Frw 38 billion.<\/p>\n<p>Vestine Nyiraneza, Chairperson of the Board of Directors, praised the institution\u2019s strong performance, noting that 95% of COPEDU PLC\u2019s 2024 goals had been successfully met.<\/p>\n<p>\u201cCOPEDU PLC is in a strong position overall. Achieving 95% of our annual targets is a testament to the commitment and hard work of our entire team,\u201d she said.<\/p>\n<p>\u201cThis progress is the result of unified efforts by shareholders, leadership, staff, and our partners across various sectors.\u201d<\/p>\n<p>Beyond its financial achievements, COPEDU PLC continued to contribute to national development by supporting women\u2019s empowerment, particularly in promoting income-generating activities and access to financial services.<\/p>\n<p>With over 27 years of operation, COPEDU PLC now operates 11 branches nationwide, six of which are managed by women. <\/p>\n<p>Women also hold 70% of the company\u2019s shares, 66% of positions on the executive committee, and represent 63% of the total workforce, further reinforcing the institution\u2019s commitment to inclusive growth.<\/p>\n<figure class=\"spip-document spip-document-90120\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_w_inama_y_ubutegetsi_ya_copedu_plc_nyiraneza_vestine_yagaragaje_ko_bageze_ku_ntego_bari_biyemeje_mu_2024_ku_kigero_cya_90_-a5708.jpg\" alt=\"Vestine Nyiraneza, Chairperson of the Board of Directors, praised the institution\u2019s strong performance, noting that 95% of COPEDU PLC\u2019s 2024 goals had been successfully met.\" \/><\/figure>\n<figure class=\"spip-document spip-document-90119\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umwe_mu_bashinze_copedu_plc_hon_gakuba_jeanne_d_arc_yabwiye_abanyamigabane_ko_bakwiriye_kumenya_kwishakamo_imbaraga_mu_kwikemurira_ibibazo_aho_gutegereza_inkunga_z_amaha.jpg\" alt=\"One of the founders of COPEDU PLC, Gakuba Jeanne D\u2019Arc, told the shareholders that they should learn to draw strength from within and find homegrown solutions to their problems instead of relying on foreign aid.\" \/><\/figure>\n<figure class=\"spip-document spip-document-90118\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_mukuru_wa_copedu_plc_muyango_raissa_yagaragaje_ko_umutungo_w_iki_kigo_wiyongereye_ku_ijanisha_rya_9_-3b0f9.jpg\" alt=\"The Managing Director of COPEDU PLC, Muyango Ra\u00efsa, stated that the institution\u2019s assets increased by 9%.\" \/><\/figure>\n<figure class=\"spip-document spip-document-90117\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/trix_imagee_2_1_-bf2fa_1_.jpg\" alt=\"The institution announced its performance during the Annual General Meeting held on June 29, 2025, in Kigali, where shareholders were also updated on key milestones and future plans.\" \/><\/figure>\n<figure class=\"spip-document spip-document-90115\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/trix_imagee_1_-e316a.jpg\" alt=\"COPEDU Plc board members attended the meeting. \" \/><\/figure>\n<figure class=\"spip-document spip-document-90113\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/abayobozi_n_abakozi_ba_copedu_plc_bari_bitabiriye_iyi_nama_y_inteko_rusange-d6614.jpg\" alt=\"The management and staff of COPEDU PLC attended the general meeting. \" \/><\/figure>\n<figure class=\"spip-document spip-document-90112\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/inama_yitabiriwe_n_abanyamabigabane_baturutse_mu_mpande_zitandukanye_z_igihugu-9ec89.jpg\" alt=\"The meeting brought together shareholders from across the country. \" \/><\/figure>\n<figure class=\"spip-document spip-document-90109\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/1-ec4db4c2-f4b1-4b2c-8275-884918b10e1f-158eb-3.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-90110\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/abanyamigabane_ba_copedu_plc_beretswe_ko_iki_kigo_gihagaze_neza-902ba.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-90111\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/abanyamigabane_bishimiye_kugezwaho_imikorere_y_ikigo_cyabo-2-ad894.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-90114\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/iyi_nama_yitabiriwe_n_abanyamigabane_bahagarariye_abandi-2-c0cf0.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-90116\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/trix_imagee_2_1_-bf2fa.jpg\" alt=\"\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>COPEDU PLC, a leading microfinance institution in Rwanda, reported a net profit of over Frw 3.42 billion for the 2024 fiscal year. The institution announced its performance during the Annual General Meeting held on June 29, 2025, in Kigali, where shareholders were also updated on key milestones and future plans.<\/p>\n","protected":false},"author":62,"featured_media":2000090121,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-54725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000090121,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/trix_imagee_2_1_-bf2fa.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/trix_imagee_2_1_-bf2fa.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/trix_imagee_2_1_-bf2fa.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/trix_imagee_2_1_-bf2fa.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/trix_imagee_2_1_-bf2fa.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/trix_imagee_2_1_-bf2fa.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/54725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=54725"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/54725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000090121"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=54725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=54725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=54725"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=54725"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=54725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}