St. Martins De Pores Credit Union makes progress

Kumasi, Dec 19, GNA - The Saint Martins De Pores Credit Union at Atonsu Agogo in Kumasi, recorded a profit of GH A264,208.09 this year as agains= t GH¢51,663.16 last year.

Its total assets also rose from GH¢1,867,389.55 this year as again= st GH¢1, 393, 679, 79 last year. Investment increased from 534,368.53 to 797,013.13 while advances to=

members also increased from GH¢788,298.21 to GH¢ 991,296.60 in the ye= ar under review. Mr. Mathew Kwame Oppong- Asare, the Board Chairman told the success story at the 9th Annual General Meeting (AGM) of members of the Credit Un= ion in Kumasi at the weekend. The Board Chairman said this year, the Union had seen credible improvem= ent in its transactions as a result of the introduction of a new software cal= led Cusoft in its operations. Mr. Opong-Asare said plans were underway to acquire land to constru= ct permanent offices for the Union.

Mr. Owusu Afriyie, Kumasi Metropolitan Manager of Co-operative Unio= ns Association, advised the workers to dedicate themselves and work hard in order to achieve targets. 19 Dec.09