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last update: December 24th 2003

MACOSCLE.
REPORT OF THE CREDIT UNION MANAGEMENT
WORKSHOP - PRESENT AND FUTURE.
17 TO 22 OCTOBER, 2003 - FARMERS SERVICE CENTRE, SAINT - PIERRE.

1.INTRODUCTION.

The International Credit Union Day 2003 which fell on Thursday the 16th of October, 2003 was celebrated by MACOSCLE at the Farmer's Service Centre, ST. Pierre on the same day.

In that context a Workshop on Credit Union Management Present and Future was organized by MACOSCLE in collaboration with COOPGALOR, a Consultancy dealing with Cooperative Development worldwide.

The Workshop will undoubtedly remain one of the most successful achievements in the history of MACOSCLE. It is indeed significant to mention that the actual Leadership and Staff of MACOSCLE including the

President, Mr. B. DORASAMI,
Secretary, Mr. B. EUSTASIE,
Treasurer, Mr. G. MARIAPA,
Committee Member , Mr. G. BHAJUN,
Operations Supervisor, Mr. J.F. MONVOISIN and
Office Secretary/ Accounts Clerk, Miss M.C. RATNA
have been trained by Mr. Z. GALOR at the International Institute of the Histadrut in Israel.

In organizing the Workshop the Leadership of MACOSCLE wished to bring the precious knowledge and vast experience of Mr. Z. GALOR in the field of Cooperatives to the largest possible number of our affiliates. By so doing we expected to enlighten and empower the Leaders of the sector to take appropriate decisions with regard to its revitalization and re - orientation in the context of the new globalized and evolutionary economy.

The training acquired by the participants will now enable them to upgrade their managerial skills and improve the services rendered to the members of their Societies. Most of the notions which guided to us by Mr. Z. GALOR relate to the Cooperative business at large and are applicable to the other sectors as well.

The outcome of the workshop has been expressed by the document of the resolutions of the Workshop drafted by the Resolutions Committee constituted of the undernamed participants and presented by Mrs. M. BAZERQUE from F.U.E.L. C.C.U. were unanimously acclaimed.

RESOLUTIONS COMMITTEE.

NAME OF MEMBER

NAME OF CREDIT UNION

1.ANGELINE C.
2.DUSORUTH G.
3.BEESOON J.F.
4.BAZERQUE M.
5.LASSEMILLANTE C.

G.Gaube C.C.U.
G.S.A. C.C.U.
Govt. Printing C.C.U.
F.U.E.L. C.C.U.
Islandwide C.C.U.

 

MACOSCLE
WORKSHOP ON CREDIT UNION MANAGEMENT
17 TO 22 OCTOBER 2003 - ST. PIERRE.

RESOLUTIONS.

This Assembly resolves that :-

1. The Cooperative should belong to its members and should render to them the best possible service at the lowest possible cost and should aim for professionalism in its management and operations. The Cooperative should invest in the services of professionals.

2. Property Shares at real market value calculated by the real value of fixed assets divided by the number of members should be issued on the basis of one member = one property share; Property shares should be certified by appropriate official document.

3. The philosophy of the modern cooperative is to offer the best possible service to all members and as such we don't see any need for a Reserve Fund of 25 % which is a "main - mise" on members' benefits. The Assembly is of opinion that the Reserve Fund should be abolished entirely.
The existing Reserve Fund should belong entirely to the members, in proportion to their share holdings.

4. If a member quits the Cooperative he should have the right to get the real value of his property share and his part in the existing Reserve Fund. We fully agree.

5. The Cooperative should apply the Policy of competitive pricing taking into consideration the rate of inflation and the rates should be reviewed at least once a year.

6. The Cooperative should apply a policy of interest on credit to its members below the rate of interest on credit charged by the bank and should apply a competitive policy of rate of interest payable to its members for their fixed deposits or shares. Annual inflation to be taken into consideration.

7. The Cooperative should not look for the surplus or profit at any rate but will look for the best service for its members. The Cooperative should keep in its accounts only a margin of security and this margin of security should be returned to its members entirely according to participation not at the end of the year, but immediately when all bills have been paid entirely for the time that this margin of security has been created. The margin of security should be the lowest possible taking into consideration the market practices in this particular field of activity.

8. Every Savings And Credit Cooperative Society will enable its members to open fixed deposits accounts to be remunerated at competitive rates of interest.

MACOSCLE MANAGING COMMITTEE.

1. DORASAMI B. President. (Institute Graduate)
2. RAYAPEN L. Vice President.
3. EUSTASIE B. Secretary. (Institute Graduate)
4. MARIAPA G. Treasurer. (Institute Graduate)
5. ANTHONEE B.H. Member.
6. ARMOOGUM N. Member.
7. BHAJUN G. Member. (Institute Graduate)
8. DASSAGNE L. Member.
9. JHOREE G. Member.
10. TOPIZE A. Member.

STAFF

1. MONVOISIN J.F. Operations Supervisor. (Institute Graduate)
2. RATNA M.C. Accounts Clerk/ Secretary. (Institute Graduate)
3. LEON J. Temporary Clerk.

PARTICIPANTS.

NAME

SOCIETY

1. BOYJOO M.
2. APPANAH P.
3. NANDLALL I.
4. LAJOIE C.
5. NANKOO R.
6. BALKISSUR D.
7. TEELUCK D.
8. GUNESSEE B.
9. BAZERQUE M.
10.COMAREN A.
11.LAPOUL C.
12.DABEEAI P.
13.APOLLON J.P.
14.BEESOON J.F.
15.DUSORUTH G.
16.LEGAI D.
17.ANGELINE J.C.K.
18.AJODHEA K.
19.PICOT G.
20.QUIRIN A.
21.LASSEMILLANTE C.
22.ANTOINETTE U.
23.LABUTTE A.
24.RENE M.
25.DOMAN V.P.
26.RAMTOHUL D.J.
27.MUNGRAH J.
28.SOWAMBER A.
29.OTHELLO C.
30.SEERUNGHEN E.
31.LOUISE J.
32.ASYRIGADOO B.
33.RAMLOLL R.
34.AGATHE P.
35.PELLEGRIN V.
36.ZEPHIR T.
37.BAGBOOT L.
38.SALOMON L.
39.KRISNA A.
40.KRISNA D.
41.CURPEN D.
42.RAMGOOLAM D.
43.HOSANEE S.
44.BOODHNA P.
45.D'ALBRET D.
46.MAMET M.J.
47.MERAI D.
48.DACRUZ J.
49.DOORGACHAND D.
50.MOOTOOSAMY P.M.
51.GUNPUTH M.
52.JANVIER B.
53.TELVAR J.D.
54.JEANNOT C.
55.JHOWRY M.
56.POTOU R.
57.RAVOULT J.C.
58.LEUNG PEW D.
59.FELIX M.B.
60.RAMESSUR S.K.
61.ALBERT M.
62.TOLBIZE G.
63.TEEROOVENGADUM G.
64.JUGOO J.M.
65.TRACOL M.
66.HENRIOT J.
67.GENTIL S.
68.EUSTASIE D.
69.CURPEN G.P.
70.SUNTOO R.
71.RAYEROUX N.
72.GOBIN C.

Amicale - Maurice - Israel.
Camélia C.C.U.
C.H.A. C.C.U.
Curepipe C.CU.
Curepipe C.C.U.
D.W.C. C.C.U.
D.W.C. C.C.U.
Diamond C.C.U.
F.U.E.L. C.C.U.
F.U.E.L. C.C.U.
F.U.E.L. C.C.U.
G.E.S. C.C.U.
G.P.W. C.C.U.
G.P.W. C.C.U.
G.S.A. C.C.U.
G.S.A. C.C.U.
Grand Gaube C.C.U.
Hesco C.C.U.
Immaculée Conception C.C.U.
Immaculée Conception C.C.U.
Island Wide C.C.U.
La Colombe C.C.U.
La Colombe C.C.U.
La Visitation C.C.U.
Lotus C.C.U.
Lotus C.C.U.
M.G.I. C.C.U.
M.G.I. C.C.U.
Manual Workers C.C.U.
Manual Workers C.C.U.
Moka ST. Pierre C.C.U.
Mon Loisir C.C.U.
Mon Loisir C.C.U.
Municipal Workers C.C.U.
New Garden C.C.U.
New Garden C.C.U.
Notre Dame du Sacré Coeur C.C.U.
Notre Dame du Sacré Coeur C.C.U.
Nouvelles Industries C.C.U.
Nouvelles Industries C.C.U.
P.S.S.A. Staff C.C.U.
P.S.S.A. Staff C.C.U.
Petite Rivière C.C.U.
Petite Rivière C.C.U.
Port Area C.C.U.
Port Area C.C.U.
Postal Employees C.C.U.
Prabhaat C.C.U.
Prabhaat C.C.U.
Progressive C.C.U.
Réunion C.C.U.
Riambel C.C.U.
Riambel C.C.U.
Roche Bois C.C.U.
ST. Patrick C.C.U.
ST. Patrick C.C.U.
Sainte Croix C.C.U.
Ste. Marie Madeleine C.C.U.
Telecom Employees C.C.U.
Telecom Employees C.C.U.
La Ferme United Development C.C.U. (Rodrigues).
La Ferme United Development C.C.U. (Rodrigues).
AUM C.C.U.
Deep River Beau Champ C.C.U.
La Visitation C.C.U.
Island Wide C.C.U.
Island Wide C.C.U.
Notre Dame du Sacré Coeur C.C.U.
HALO INFO.
ST. Pierre Regional Cooperative Office
Ste. Marie Madeleine C.C.U.
G.E.S. C.C.U.

MACOSCLE.

Constantly and consistently raising up and sustaining the Savings and Credit Cooperatives in Mauritius and Rodrigues.

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Paving the way to a prosperous future for Credit Unions.

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CURRENT ADDRESS :- 3rd Floor, Diva Building, 26, Brabant Street, Port - Louis.

NEW ADDRESS AS FROM JANUARY 2004 : 8th Floor, Meem Tower,
De Chartres Street, Port - Louis.
P.O. Box No. - 519 Port - Louis.
Telephone No. - 212 4380
Fax No. - 210 2418
E.mail -
macoscle@intnet.mu
Website -
http://www.mycreditunions.net

- | | -

COOPGALOR.
- A Consultancy firm based in Israel dealing with issues of :-
- Cooperative Development.
- Cooperative Management.
- Cooperative Financial Management.
- Rural development based on ETP and NAE.
- The advancement of the S.E.C.O.

- | | -

- POSTAL ADDRESS
COPGALOR
GALOR Z. - P.O. Box 18296
61181 Tel Aviv,
ISRAEL.

E.mail address - copgalor@actcom.co.il

Website - www.coopgalor.com/realizations
www.coopgalor.com/french/realizations
www.coopgalor.com/french/consultancy

 

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