Events – LTN Cameroon http://latontiniere.com 2nd category Microfinance Institution Tue, 21 Jul 2020 05:52:14 +0000 en-GB hourly 1 https://wordpress.org/?v=6.5.5 http://latontiniere.com/wp-content/uploads/2020/05/cropped-FAVICON-32x32.png Events – LTN Cameroon http://latontiniere.com 32 32 Labour Medals Ceremony at LA TONTINIERE NATIONALE (LTN) http://latontiniere.com/?p=9276&lang=en&utm_source=rss&utm_medium=rss&utm_campaign=labour-medals-ceremony-at-LTN-cameroun http://latontiniere.com/?p=9276&lang=en#respond Fri, 03 Jul 2020 12:33:03 +0000 http://latontiniere.com/?p=9276

27 Staff of this financial institution 2nd category, probably the most reliable in the country, last Friday in Yaounde, received silver and silver medals of honor work.

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Strass and glitter, charm and glamor on May 05, 2017, at the very chic Ongola Samba party hall of the Yaoundé urban community. In the presidium of this recognition to the deserving staff of this microfinance with rock solidity and steel resistance, the Minister of Small and Medium Enterprises, Social Economy and Crafts (Minpmeesa), Laurent Serge Etoundi Ngoa . The reason was the award of medals of honor to 27 employees of LTN Cameroon.

The second articulation of this ceremony, namely, farewell to Jean Zambo the Director General (DG) of LTN Cameroon, will know it, a different fate. Unanimously, the staff, well before the beginning of the ceremonies, announced its intention not to part with its DG, rightly considered, as the lung of this financial institution issued baptismal font in 1999. Thing desired, granted: Jean Zambo, “Big Z” as affectionately called the 300 employees, will still chair for years, the destinies of LTN Cameroon.

A financial institution qualified as dynamic by the government

“For this company that some have presented dynamic and prosperous, I remind the employees of LTN Cameroon that you are the ones by whom the development must happen,” said Laurent Serge Etoundi Ngoa Minpmeesa in his address of circumstance. And to add: “LTN is a microfinance like the others, but a separate financial institution.” And to say it, the member of the government, evokes many persons of the informal sector of which LTN Cameroon financed the projects. In fact, 90% of people whose projects are financed by this microfinance, are from the informal sector. To those who have received medals, the Minpmeesa has acknowledged the sacrifice, and to those who have not been unworthy, he has asked to redouble his ardor at work, in order to receive the future.

LTN Cameroon: A financial institution with solidity and renown unanimously recognized

To this young company, Laurent serge Etoundi Ngoa, asks to go ahead. “I would like to instruct LTN Cameroon to go towards progress plans, to grow to give more jobs to Cameroonians,” he chanted. And to do this, the member of the National Credit Council, prescribes reforms. To LTN clients, he asks to help get help from the financial institution, repay the credits on time, and use them for what they were asked for.

LTN Cameroon

LTN is a public limited company with a capital of 1. 440 billion FCFA, and is headquartered in Yaounde (Bastos district). Created in 1999 as a long-term loan between the State of Cameroon on the one hand and the French Development Agency (AFD) on the one hand, and jointly with the European Union. LTN, is dedicated to financing Very Small and Medium-sized Enterprises.

Transferred to a private financial institution in September 2005, with the entry into the capital of investors like LTN International, the National Investment Company (SNI), the International Bank of Cameroon for Savings and Credit ( BICEC), the Chamber of Commerce, Industry, Mines and Crafts (CCIMA), Investors and Partners.

Present in 08 regions in Cameroon for 23 Agencies. At the end of 2016, LTN Cameroon, which is part of a global network of financial institutions, recorded in October 2016, a credit outstanding of more than 21.7 billion FCFA for 15,605 active borrowers. Solid foundations that confer the greatest credibility, to a microfinance that grants an average of 2.5 billion FCFA each month to entrepreneurs.

In the midst of uncertainty, waves and storms, LTN Cameroon, is undoubtedly, microfinance, the only one, meeting the standard management criteria. She reassures. And its sovereignty and managerial mastery, can not be given as the fruit of chance, with many and very advantageous services that it proposes and which it disposes!

© Camer.be : Darren Lambo Ebelle

]]> http://latontiniere.com/?feed=rss2&p=9276 0 LA TONTINIERE NATIONALE (LTN) launches its Call Center http://latontiniere.com/?p=9273&lang=en&utm_source=rss&utm_medium=rss&utm_campaign=LTN-cameroun-launches-its-call-center http://latontiniere.com/?p=9273&lang=en#respond Fri, 03 Jul 2020 12:03:05 +0000 http://latontiniere.com/?p=9273
]]> http://latontiniere.com/?feed=rss2&p=9273 0 LTN Cameroon featured in Business In Cameroon http://latontiniere.com/?p=9266&lang=en&utm_source=rss&utm_medium=rss&utm_campaign=LTN-cameroon-featured-in-business-in-cameroon http://latontiniere.com/?p=9266&lang=en#respond Fri, 03 Jul 2020 11:45:21 +0000 http://latontiniere.com/?p=9266

(Business in Cameroon) – The microfinance company LA TONTINIERE NATIONALE (LTN), which specializes in financing very small businesses, closed its “ secondary cities ” project in December 2016 with a the volume of financing for rural entrepreneurs is estimated at 8.5 billion CFA francs, or 10% of the total outstanding loans of this financial institution, we learn officially. Of this total budget, says LTN Cameroon, 2.5 billion CFA francs went to farmers.

The “ secondary cities ” project, launched in 2012 with financial support from the French Development Agency (AFD), extended the activities of this microfinance organization rural areas of Cameroon. Delivered at the end of the pilot phase of this project, more than 8,000 entrepreneurs received financial support from LA TONTINIERE NATIONALE (LTN), including more than 2,500 farmers.

This project, which is now to sustain this microfinance structure, in light of the positive results obtained under the pilot phase, has also enabled rural entrepreneurs to generate an outstanding amount of deposits at the end of 2016. 437 millions of CFA francs, thanks to the “ culture of savings driven ” by the aforementioned project.

Born from the ashes of a Cameroonian government project implemented by the then Ministry of Industrial and Commercial Development, with the assistance of Afd and the European Union; LTN Cameroon’s main shareholders are LTN International, the National Investment Company (SNI), the International Bank of Cameroon for Savings and Credit (Bicec), the Chamber of Commerce for Industry, Mines and Energy. (CCIMA) and Investors and Partners (I & P).

BRM

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