Loan operations under the cooperative credit union laws in Cameroon

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54,90 

ISBN: 620025589X
ISBN 13: 9786200255891
Autor: Rene, Akum
Verlag: LAP LAMBERT Academic Publishing
Umfang: 96 S.
Erscheinungsdatum: 07.09.2019
Auflage: 1/2019
Format: 0.6 x 22 x 15
Gewicht: 161 g
Produktform: Kartoniert
Einband: Kartoniert
Artikelnummer: 7957199 Kategorie:

Beschreibung

Loan operations are essential elements for the growth and development in the Micro-financial institutions in Cameroon. Given that the Co-operative credit union is a financial institution for the peasants and the half nuts. Hence its members are peasants who do not have valuable securities to support their loan applications. Despite this short comings, the Co-operative Credit Union is still charged with the responsibility of granting loans to her members. However the loans granted need to be repaid timorously to ensure sustainability, because the Cooperatives Credit unions have no existing capital like other financial institutions. They rely on the savings, deposits and shares of other members to run their institutions. Loan operations is therefore vital for a good mastery by co-operators, lawyers, students, lecturers and members among others.

Autorenporträt

Barr. AKUM Rene is an advocate with over 9 years of legal expertise in Bamenda, Cameroon. He is currently pursuing a PhD fellow in International Human Rights and Humanitarian Laws in the University of Dschang in Cameroon.

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