24/04/2023
The 40th Annual General Assembly meeting of the Manchok cooperative credit union has held this Sunday April 23rd 2023 with a call on members to know that credit union business is for them and by them...hence they must respect their engagements if they want the institution to succeed..Borrowing and repaying regularly was the message that cut across all the speeches and reports that were presented with emphasis laid on the fact that members who have refused to repay their loans must change or other means shall be used to recover them so that the institution doesn't get trapped in this mess.
Amongst other issues discussed were crisis management policies,the presentation of the draft budget which were adopted by the general Assembly.
Yaah Bongnjioh Quinta Bih was elected president of the MACCUUL board of Director.She shall be assisted by Ndikwa Peter Bayoh as vice.The various committees, youth,women and Supervisory BOD had new blood injected into them.
While installing the new team into their functions,the D.O of Oku enjoined them to dig into the challenges the institution is facing and give a sustainable solution to.To Mr Penanje Evaristus,credit unions are perfect companions of community and self reliant development initiatives but this place of the union in community transformation can't be achieved if members fail to respect the unions policy.He assured the new team of the Administration's support in the effective discharge of their duties.
In the history of manchok credit union,Yaah Bongnjioh Quinta is the first woman to be elected president of the Board of Directors.In her first address to members in this capacity,she pointed out that the success of the management team and the entire institution lies on the total collaboration of all members who have a rule to play.She announced that her doors remain open to all suggestions that members have for the innovation that has to come for manchok credit union to stand on her feet.