About COOPEC-AD/BENIN

Our story, our mission, our commitment

Our Story

COOPEC-AD/BENIN originates from the microfinance wing of BUPDOS-NGO, a non-profit organization of the Assemblies of God Church of Benin.

On July 19, 2008, the savings and credit cooperative "BUPDOS-MICROFINANCE" was created by members gathered in a constituent general assembly. In May 2010, it became COOPEC-AD/BENIN.

After going through difficulties from 2008 to 2013, the institution obtained its final approval on November 23, 2016 and has since experienced remarkable growth.

2008

Creation

Foundation of BUPDOS-MICROFINANCE

2010

New Name

Became COOPEC-AD/BENIN

2016

BCEAO Approval

Officially recognized as SFD

2022

Classification

Among the large SFDs

Mission

To fight against financial exclusion and poverty through a range of savings and credit products and services tailored to the needs of the population.

Vision

To be a reference microfinance institution, viable and sustainable, that promotes solidarity and sharing, in the fight against poverty and financial exclusion in Benin by 2030.

Values

Honesty, Transparency, Social Responsibility Altruism