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When technology comes to the rescue of microfinance
A niche that is very popular with microfinance operators (MFOs) is that of the fringe of society that likes to set aside a certain amount of money on a daily basis without necessarily having to go to a banking institution to save. This practice, which is very common in Africa, is a way for EMFs…
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Migration of Core Banking: why is the migration a delicate operation?
Cameroonian microfinance institutions, in the wake of COBAC, are integrating umbrella organizations such as RAINBOW or the Cameroon Credit Union League (CAMCULL), which are microfinance networks that harmonize their management processes and offer services to microfinance institutions (MFIs).Among the services offered, is the leveling of management systems whose current trend is towards empowerment in the…
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With ALPHA Core Banking, COOCPAC CCIA propels itself among its peers
The landscape of microfinance in Cameroon is enriched with the arrival of a new operator. It is the Caisse Communautaire d’Investissement en Afrique. This first class cooperative society is entering the MFI arena not without having armed itself with powerful tools to carve out a place for itself in the sector. Among these tools is…
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I-COLLECT, the solution that revolutionizes daily collection
One of the main activities of microfinance is daily collection. Daily collection is a service commonly offered by MFIs, and consists in recruiting individuals at their place of activity, who avoid the hassle of going to a physical branch. These customers can now build up savings on a daily basis by depositing a certain amount…
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CEPAC’s IS migration procedure to the ALPHA platform is a success!
A few weeks ago, the process of renovating the core banking system of the Caisse d’Epargne et de Crédit de la Solidarité (CEPAC- Solidarity) was initiated in favor of integrating the ALPHA platform into its information system. Indeed, after exchanges between the top management of this second category microfinance and the Senior IT of Innovative…
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IWD 2022: “Break the Bias”
The 37th edition of the International Women’s Day invites us to reflect on gender equality as a springboard to a better tomorrow. This theme is very timely when we know how difficult it is to talk about gender equality in an economic and socio-cultural context that is predominantly driven by men. In terms of leadership,…