About PAMIFCCUL
"Together for a Better Tomorrow" — Empowering Cameroonian communities through democratic credit union principles and financial inclusion.
A Trusted Model of Cooperative Excellence in Cameroon
Paragon Mutual Investment Fund Cooperative Credit Union Ltd (PAMIFCCUL) was founded to bridge the financial divide for traders, civil servants, farmers, artisans, and small business operators across Cameroon.
Registered under Registration No. RC .BDA . 2018B .0000184, PAMIFCCUL operates as a Category 1 Microfinance Institution regulated under the prudential standards established by the Central African Banking Commission (COBAC) and the Ministry of Finance (MINFI) of Cameroon.
Our Vision
To be Cameroon’s leading cooperative credit union, renowned for uncompromising integrity, member prosperity, and technological agility.
Our Mission
To mobilize community savings, provide affordable credit facilities, and foster wealth creation through democratic member ownership.
Institutional Baseline Data
| Full Legal Name: | Paragon Mutual Investment Fund Cooperative Credit Union Ltd |
| Registration No: | RC .BDA . 2018B .0000184 |
| Supervisory Bodies: | COBAC / BEAC & Ministry of Finance (MINFI) |
| Institutional Class: | Category 1 Microfinance Institution |
| Headquarters: | Bamenda Bambui Four Corners |
| Commercial Branch: | Douala Bonaberi (Opposite Santa Lucia) |
| Savings Interest: | 3% to 6% per annum |
Our Core Values
Every decision we make is guided by four cooperative pillars.
Integrity & Ethics
Transparent fee structures, honest communication, and strict adherence to banking regulations.
Member Co-Ownership
One member, one vote. Every saver has a voice in our Annual General Meetings and leadership elections.
Speed & Accessibility
Fast loan approvals, daily door-to-door market collections, and low entry requirements.
Financial Inclusion
Serving the unbanked and small business owners often overlooked by commercial banks.
Democratic Governance Structure
PAMIFCCUL is governed democratically in strict compliance with the OHADA Uniform Act on Cooperatives and COBAC Regulations:
- General Assembly of Members (AGM): Supreme decision-making body comprising all verified shareholders and members.
- Board of Directors: Elected representatives responsible for strategic direction and institutional policies.
- Supervisory Committee (Audit): Independent internal watchdog ensuring prudential adherence and financial accuracy.
- Credit Committee: Assesses loan viability and ensures responsible lending practices without predatory rates.
Consumer Protection & Redress
COBAC & MINFI Regulatory TransparencyPAMIFCCUL maintains a dedicated consumer complaints and escalation channel. If you have an inquiry, service concern, or feedback, you can file a formal complaint with instant tracking.
Access Complaints & Regulatory Charter