Cooperatives

We offer a variety of services that include:

• Formation of cooperatives movements/saccos where members leverage on their small sums and participate in large investments from the pooled assets.
• Training of the society members across cooperative sectors.
• Embrace a savings culture, investments, entrepreneurship and diversification.
• Providing innovative services and products to cooperatives across the country.
• Registration is easy.

Visit our nearest branch or reach out to your relationship manager for more details.

Co-op Consultancy and Insurance Agency Ltd (C.C.I.A) is a wholly-owned subsidiary of Co-operative bank of South Sudan LTD incorporated to provide capacity building to co-operatives, pre-cooperatives, associations and other self-help groups to enhance social-economic development of the people through wealth creation.

Capacity building services offered include:

• Financial literacy, basic accounting and cultivating the culture of savings and credit
• Formation of primary Co-operatives
• Short term courses for Co-operative leaders
• Development of corporate governance tools
• Risk management
• Strategic plans
• Developing business plans and feasibility studies
• Governance and leadership development support services

Our cash transfer model is purely on reimbursement basis for blueprint international NGOs.

The quoted price will depend on some of the following factors:

• The amount to be transferred.
• The currency transferred (SSP or USD)
• The reimbursement currency e.g. SSP reimbursed in USD or SSP reimbursed in SSP.
• Mode of cash transfer e.g. cash drop or mass payments to a number of beneficiaries;
• Logistics costs among other factors.

Benefits of CIT Process

• Same day delivery
• Negotiable pricing model
• Open to both account and non-account holders
• Covers all parts of South Sudan
• Availability of biometric system hence ease of accountability and reporting

NB: This service is available to existing and non-existing customers.

• Co-operatives is an international concept that has been embraced as a tool of economic development and sustainability.
• Co-operatives have been in existence for over 100 years in various parts of the world with different countries being at different levels of development.
• There are approximately 3 million cooperatives around the world, and at least 12 percent of the global population is a member.
• Cooperatives employ 10% of the working population
• International Co-operatives Day is celebrated every First Saturday of July every year. Co-operatives in different countries come together to celebrate the day by taking stock of their achievements as well as strategizing future goals and objectives.
• In South Sudan Co-operatives Societies are registered and regulated under the Co-operatives Act 2011 at National level by the Directorate of Co-operatives under the Ministry of Agriculture & Food Security and at State level under the Ministry of Co-operatives & Rural Development.
• Minimum membership is 20 people and there is no maximum, thus the Society can grow as big as the member’s desire.
• Co-operative Bank has been at the forefront in supporting the development of the Cooperative Movement, through Co-op Consultancy Services. Visit us at Kololo 2nd Floor for more information