Microfinance from small beginnings 25 years ago to a network of 120 cooperative banks with 120 million euros in total assets today. Justin Bomda, CEO of the MUFID cooperative banks, comments in an interview with “Weltsichten”. In particular, it also shows that the cooperative banks in Cameroon are financed from savings deposits and not through international foreign currency loans, which have to be repaid with interest. They can therefore offer their members moderate interest rates so that they do not run the risk of falling into a debt trap.


  • Roger Peltzer

    70 years old, married, 3 children and soon 4 grandchildren. I studied economics at the University of Münster and then completed a postgraduate course at the German Institute for Development Policy (now IDOS).

    View all posts
World views: Cooperative banks in Cameroon

Roger Peltzer

[wpml-string context="pb-bioinfo" name="info-1"]70 Jahre alt, verheiratet, 3 Kinder und bald 4 Enkel. Ich habe an der Universität Münster Volkswirtschaft studiert und anschließend den postgraduierten Kurs am deutschen Institut für Entwicklungspolitik (heute IDOS) absolviert.[/wpml-string]

Post navigation

Leave a Reply

Your email address will not be published. Required fields are marked *

Consent Management Platform by Real Cookie Banner