Ghana Cooperative Credit Union Cooperation

The Credit Unions concept is such that people with a common interest come together in a society, mobilize funds regularly so that after six months, when a needy member applies for a credit facility he/she would be offered with a minimum interest rate payable within a period of time. At a close of a financial year, management declares profit and shared among members contributions. The concept is good and appreciated and need to be promoted in workplaces, parish and communities.