Ensuring our affiliate’s sustainability is a priority to Rainbow-Cam thus supervision and control become paramount to see that things go the way defined by the monetary authorities by constantly supervising the affiliates and giving them the necessary guidance.
This is a tedious exercise and is sometimes associated with the high costs and other mishaps that may occur along the way. In order to protect her affiliates, Rainbow-Cam takes it as a responsibility to work for the accreditation of MFIs under her and their managers by playing a middleman role between the affiliates and monetary authorities
An Apex to the normal credit union plays a bankers role, credit unions are supposed to have fixed deposit accounts with the Apex which is authorized by regulation and again it places the union at a sustained liquidity level as it can always turn to the Apex for assistance considering his financial commitment in fixed deposit account.
It is a regulation that the accounts of every financial institution must be certified at the end of the financial year. Looking at the cost associated with it Apex takes the responsibility to born such an exorbitant cost on behalf of her affiliates. Again, there are firms that require auditing services but don’t know how to get them, Rainbow-Cam is here to make things easy for them.