Microfinance sector: Ntarinkon Credit Union best in CEMAC.

This was on Saturday June 13, 2026, during the award ceremony of the 23rd edition of The Guardian Post Achievement Awards, which took place at Bengo Hotel in Ebolowa, South Region. This award is intended to recognise individuals and institutions who have impacted society in different ways. 

According to the award jury, NtaCCUL was found worthy of the prestigious recognition “for its vast network that has taken services closest to the population and for being the only microfinance institution in the entire CEMAC subregion that pays 6% interest on savings”.

Ntarinkon Credit Union was represented at the colourful award ceremony in Ebolowa by a delegation led by the Branch Manager of NtaCCUL Melen, alongside the Branch Managers of Ekounou, Nlongkag and Mendong, Yaounde. 

NtaCCUL’s vast network

It should be noted that in a bid to take its services closest to the population, NtaCCUL has created a vast network of branches around the country.

Besides its head office that is located in Ntarinkon, Mankon-Bamenda, Ntarinkon Cooperative Credit Union has branches in Bamenda, Ntarinkon; Bamenda, Food Market; Bamenda, Nkwen; Bamenda, Up-Station; Yaounde, Melen; Yaounde, Ekounou; Yaounde, Nlongkag, Yaounde, Mendong; Bertoua; Douala, Bonaberi; Douala, Akwa-Douche; Douala, Cite de Palmier; Douala Ndobo Extension Office; Buea; Bafoussam; Kumba; Ngaoundere and Limbe.

NtaCCUL among best credit unions in Africa

Speaking to the press weeks back, the General Manager of NtaCCUL, Divine Ade Muma, had disclosed that the credit union has been rated among the best Credit Unions in Africa by the Confederation of African Credit Unions.

Ade Muma told journalists that NtaCCUL is aiming to be at the top of all Credit Unions in Africa, especially with the robust digitalisation system that has been put in place. 

He said with a membership that is above 120,000 and keeps growing, a lot of queues are noticed in all their branches. But to prevent too much queues, NtaCCUL has digitalised so much so that people can to stay in the comfort of their homes or office and do transactions without necessarily going to any of the branches. 

“All our branches have been installed with ATM machines that clients of NtaCCUL can deposit money even in the night,” he said. 

Speaking about NtaCCUL 7th position amongst the best Credit Unions in Africa, Ade Muma said “the biggest credit union in Africa has about 400,000 members and we are looking forward to beat that record in just a short time”. 

Digital transformation

He said as part of their digitalisation process, the first consignment of the GIMAC cards is already available and members are already applying to have theirs. 

“In the days ahead, we shall be launching the cards and members can start applying for them,” the GM said, while brandishing his. 

While NtaCCUL has implanted itself in many parts of the country, with the most recent being a branch in Adamawa Region, Ade Muma said the credit union is looking forward to expanding to other Regions of the country, especially the South, North and Far North. 

“We are already studying the situation and in five years NtaCCUL will cover all the 10 Regions of Cameroon,” he said. 

Awards results of innovation

NtaCCUL has had an avalanche of awards to its credit. These awards, according to Ade Muma, are the results innovation.

He also told the press weeks ago that NtaCCUL has often been distinguished by its robust financial records and a culture of transparency that inspires absolute trust. Ade Muma further stated that NtaCCUL’s members-first philosophy, headlined by a staggering 6% interest rate on savings –stand as a testament to the institution’s profitability and its commitment to rewarding the loyalty of its members. 

By merging mouthwatering services with rock-solid reliability, NtaCCUL has redefined the standard for cooperative banking in Cameroon, endearing it to the general public, who have been trooping there to become members.

Staff, management, Board saluted 

Meanwhile, the awards being won by NtaCCUL couldn’t have been possible without the hard work of the institution’s management, staff and the Board. 

The Vice President of the Board of Directors, Fru Doris, says awards are the result of hard work vertically and horizontally by the staff, management and the Board. Fru Doris encourages the staff, management and other stakeholders of NtaCCUL to push further especially in a competitive sector like the microfinance. 

She assured the clients of NtaCCUL that with the awards, they are not going to sleep on their laurels, but to work harder and maintain the top position in the CEMAC subregion and why not in Africa. 

6% interest on savings highest in sector

NTaCCUL, it should be noted, has also continued its stand of being the only microfinance institution in the CEMAC subregion which pays 6% interest on savings, the highest in the sector. It also charges the lowest interest on loans. The credit union has been hailed for this feat. 

Experts in the microfinance sector have indicated that more people save in NtaCCUL because of the juicy 6% interest on savings. 

Divine Ade Muma’s dexterous stewardship of NtaCCUL

Pundits have noted, and rightly so, that Divine Ade Muma’s stewardship of NtaCCUL has taken the Credit Union to greater heights. It is therefore no surprise that he has earned several personal awards and counting because of his innovative ideas at NtaCCUL. No doubt, analysts say, the financial institution has been rated best in the CEMAC region and 7th in Africa. 

With his long experience and knowledge, having been trained in financial management in the United Kingdom, Divine Ade Muma has moved NtaCCUL to another level with over 15 branches across Cameroon. He has helped in digitalising the credit union, which today is the only credit union that pays 6% interest on members’ savings. 

This article was first published in The Guardian Post Edition No:3834 of Wednesday July 01, 2026