Sonel Workers Credit Union (SOWOCCUL) is a member-owned microfinance cooperative — now open to investors and cooperators from the public, not just SONEL staff. We help you save with confidence and access fair, affordable credit through Deductions at Source plus Express Savings.
Our credit union’s mission is to sustainably improve the living conditions of its members, the general public and their communities, based on a system of mutual solidarity. We offer accessible, efficient microfinance services adapted to local needs.
Every year we hold a General Assembly to adopt key resolutions, ensure good governance and assess the sustainability of our business.
A full range of cooperative financial services — from shares and savings to loans, payments and financial counselling.
With any upfront anticipated 100% principal repayment, benefit from a 100% loan interest waiver for the entire outstanding period.
NB: With withholding tax from 50 million FCFA.
| Amount range (FCFA) | Rate offered |
|---|---|
| 5 000 000 – 50 000 000 | 3.5% |
| 50 000 001 – 100 000 000 | 4.0% |
| 100 000 001 – 150 000 000 | 4.3% |
| 150 000 001 – 200 000 000 | 4.8% |
| 200 000 001 – 250 000 000 | 5.0% |
| 250 000 001 – 300 000 000 | 5.3% |
| 300 000 001 – 350 000 000 | 5.5% |
| 350 000 001 – 400 000 000 | 5.8% |
| 450 000 001 – 500 000 000 | 6.0% |
Limbe, South-West Region, Cameroon
+237 600 000 000 · members@sowoccul.cm
Mon–Fri, 8am–5pm ·
Closed Saturdays, Sundays and public holidays
