How it began

WELCOME to CoopCongo     CoopCongo, initiated in February 2016 in South Africa, is a community financial cooperative that seeks to promote savings and later assist members with loans, as a way of uplifting the community by its own members' efforts. In order to participate in the Cooperative’s activities, a person will have to register as a member and pay the required annual membership fee among other conditions. After a slow start, the Cooperative CoopCongo was officially formed on the 7th of January 2017 with the following individuals as founding members: Mark Pululu Mpasa, Mukeba Benoit Fugah, Ngamayamu Munduku, Okitapenge Utshudi Ndjeka, Polydor Sungu Lokombe, and Umba Bruno Dindelo. It is only from the 1st of January 2019 that the cooperative received the greatest impetus for its operation and has started a thorough recruitment drive towards its official recognition by the South African Reserve Bank and its agencies. CoopCongo membership is primarily