Understanding of the Seven Cooperative Principles
April 17, 2022

Understanding of the Seven Cooperative Principles

Open and Voluntary MembershipMembership in a cooperative is open to all people who can reasonably use its services and stand willing to accept the responsibilities of membership, regardless of race, religion, gender, or economic circumstances. Democratic Member Control: Cooperatives are democratic organizations controlled by their members, who actively participate in setting policies and making decisions. Representatives (directors/trustees) are elected among…

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Community Managed Microfinance/Savings Groups (CMMF/CMSG)
July 29, 2020

Community Managed Microfinance/Savings Groups (CMMF/CMSG)

Community Managed Microfinance Groups (CMMF Methodology) is a group of 15-30 people who meet regularly to save together and take small loans from those savings. The activities of the group run in cycles of one year, after which the accumulated dividends/profits from the savings are distributed to the members. The purpose of a CMMF/CMSG Methodology is to deliver innovative financial…

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July 29, 2020

Our Brief History

CBS PEWOSA Nsindika Njake Eyeeterekera Cooperative Society Limited (CBS PEWOSA Cooperative Society) was formed to provide financial services to mature groups that were formed as part of CBS’s corporate social responsibility initiative under the CBS PEWOSA Project and supported by Strømme Foundation (SF) through its Community Managed Microfi nance (CMMF) program. CMMG groups have been very effective in savings mobilization,…

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July 28, 2020

Who is our member?

Members are the low-income earners, financially excluded from the mainstream finance sector Membership is open to all individuals and groups that accept the responsibilities of membership, without gender, social, political, racial, or religious discrimination.

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