Koupela: The Koup©la Credit Union celebrated a financial milestone during its 15th Ordinary General Meeting, held in conjunction with its Extraordinary General Meeting in Koup©la. Presided over by Moctar Ilboudo, the High Commissioner of Kourittenga Province, the assembly saw the participation of the credit union's director, Fran§ois de Salles Tapsoba, along with members from Koup©la and other branches. For the first time, the credit union reported profits exceeding 41 million CFA francs.
According to Burkina Information Agency, the meeting focused on the review and adoption of the 2025 activity reports, the renewal of the governing bodies, the affiliation agreement with the general management of the umbrella organization of the Burkina Faso People's Credit Union, and compliance with new regulations for microfinance institutions in Burkina Faso.
Fran§ois de Salles Tapsoba highlighted that the credit union achieved a profit of more than 41 million FCFA, marking a significant achievement. He noted that the union successfully mobilized over seven billion in savings, granted loans amounting to nearly four billion, and amassed total assets exceeding eight billion.
In the renewal of the governing bodies, Z©nabo Kyelem/Kabor© was appointed to succeed Adama Kabor© as the Chairwoman of the Board of Directors. Expressing her gratitude, Ms. Kyelem emphasized her commitment to collaboration and requested support from all members, quoting, "Alone we go fast, but together we go far."
Adama Kabor©, the outgoing chairman, congratulated Ms. Kyelem and assured his support if needed. He encouraged the board to maintain solidarity and rigor in their work to aid cooperative members in improving their lives and overcoming challenges.
Moctar Ilboudo applauded the credit union for honoring its commitments and adhering to legal and regulatory requirements. He commended the agency for its services that contribute to the welfare of Koup©la's people.
The credit union has been operational in Koup©la since 1996, serving the community's financial needs for three decades.