RAINBOW CAMRAINBOW CAMRAINBOW CAM
contact@rainbowcam.org
B'da Cameroon || Y'de Cameroon
RAINBOW CAMRAINBOW CAMRAINBOW CAM
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Governance & Oversight
Strong Governance & Oversight

We provide sound financial oversight, regulatory compliance support, and governance guidance to strengthen affiliate institutions and protect member interests.

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CREATING WEALTH FOR ITS MEMBER

Company Overview

Rainbow Cooperative Credit Union Of Cameroon (RAINBOW – CAM) is an apex stucture for CAT 1 Micro finance institutions, created on the 12th of February 2020, with Reg. No. 19/ 017/ CMR/ NW/ 38/ 203/ UCO/ 036004. Its registered head office is located in Bamenda

RAINBOW – CAM is evinced with the burning desire to promote good governance principles by respecting all tenets of democracy, and best practices in the microfinance sector while mobilizing and channeling financial resources in the form of productive micro-credit into the rural and urban sectors with overall goals of alleviating poverty, improving livelihoods and enhancing economic development.

Call to ask any question +237233360115 || +237671487555

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VISION/MISSION

  • Provides sustainable financial service at affordable cost to members
  • Ensure financial growth and economic development off members
  • Constantly improving on our products and services for the furtherance of microfinance sector.
  • Assisting members technically in their development
  • Develope a viable, secured and profitable microfinance network.
  • Providing members with desired, profitable, sustainable services and programs.
  • Representing members’ interest.
  • Performing internal control within the network as required by the supervisory and control authorities and exceptionally extending its activities to parties other than its members within the micro finance sector in Cameroon.
IMG-20240928-WA0094

AIMS AND OBJECTIVES

CEMAC Compliance
Regulatory Supervision

Supervise its members in accordance with the provision of article14 of the CEMAC/UMAC regulations on the exercise of microfinance activivities within CEMAC.

Legal Directives
Policy & Legal Advocacy

Secure the constructive interpretation of operational laws and issuing general rules, recomendations and directives (advice) for the purpose of serving the best interest of the members.

R&D & Assistance
Innovation & Network Support

Conduct research and developement of products, programs and services as well as assure responsibility for public relation, advertising and provision of technical and legal assistance to the network.

Financial Services
Complementary Services

Provide members with financial services that complement savings and loans under conditions fixed by their article of association.

Management Supervision
Institutional Development

Supervise the management and administration of its mebers and ensure the developement of such management and administration.

OBLIGATIONS OF RAINBOW AFFILIATES

All Members Shall

Regulatory Compliance

Comply with the provision of Articles of Assocition, internal rules, and regulations of RAINBOW – CAM.

Capital Ownership

Take (up) shares in the union.

Solidarity Contribution

Contribute to the solidarity fund in line with article 9(4) of the microfinance law.

Financial Consistency

Regularly pay membership fees and/or union dues.

Capacity Building

Attend educational meetings and seminars.

Mutual Cooperation

Actively and closely inter cooperate with members of the union.

Institutional Loyalty

Respect the powers and obligations of RAINBOW-CAM etc.

Meet our Team

Exploring the Talented Members of Our Creative Crew.