Migec Info
Assistance
MIGEC hear Investment Mission for the Management of savings and Credit, is an establishment of Microfinance which for nearly 20 years now, wants to be close and attentive to the demands of people of all social strata without exceptions any. With a young staff, voluntary, dynamic and especially very welcoming.
In order that is his to contribute to the full development of all the MIGEC has made it its mission to “improve the quality of life of low-income populations in their bidders simple financial products and services, innovative and suited to all in a responsible, sustainable and above all profitable.”
The MIGEC offers its valued customers products and services. We can mention regarding the products’ accounts, financial investments (cash voucher and term deposit), credits. And regarding of services, MIGEC made in national speed cash through Cash Express service, but also International through Money Gram and Sigue operators, it also cash cheques, bank transfers and of course the exchange.
The MIGEC there are several types of accounts namely savings accounts of individuals and corporations booklets; individuals chequing accounts, current accounts companies and associations; wages transfer accounts; Islamic deposit accounts; capital accounts. FOR SAVINGS ACCOUNT:
Physical person
- Photocopy ID Card 3 photos 4 * 4
- Interest rate: 4{ccb2bb8701818074ef4ddbbfb6f3f47b810d4707de4b8d17cf7b0d023a3db5e8} per year
- costs of opening: 3000 XAF HT
- Down Payment: 15000 FCFA opening
- Location Plan
Legal person (SME PMI) Associations
- Opening fee: 10000 FCFA HT
- Down Payment: 100000 FCFA opening
- Interest rate 4{ccb2bb8701818074ef4ddbbfb6f3f47b810d4707de4b8d17cf7b0d023a3db5e8}
- tax files (for companies)
- Minutes of the constituent assembly (for associations)
- Photocopy statutes and ID Card of authorized agents
CHEQUE ACCOUNT
- CNI photocopy
- 02 photos 4 * 4
- account opening fees: 5000 FCFA HT
- Down Payment: 25000 FCFA
- Issuance of a check book: 25, 50, or 100 sheets
CURRENT ACCOUNT LEGAL PERSON (SARL, SA, SNC, etc.)
- opening fees 10,000 FCFA
- Down Payment: 50000 FCFA
- Photocopy of tax or fiscal files
- the company location plan
- ID Card photocopy of the sponsor and its location plan
- 02 picture 4 * 4 of account authorized agents
SALARY PAYMENT ACCOUNT (Officials and private and parapublic employees)
- A salary transfer request to the employer
- A stamped handwritten request for officials
- 02 pictures 4 * 4
- Certificate of service plug and effective presence at post
- The newest pay vouchers for officials or last pay slip for the other
- Photocopy of valid ID Card (legalized for civil servants)
- Certificate of no fee (for those foreign exchange bank)
- opening fee 10000 FCFA for officials and for those who change bank.
ISLAMIC ACCOUNT DEPOSITS
- Does not generate interest
- Opening fee: 3,000 FCFA HT
- Initial payment: 15 000 FCFA
- CNI photocopy
- Location Plan
CAPITAL ACCOUNT (equity participation)
- (How to become a shareholder?)
- ID Card photocopy and 02 pictures 4 * 4
- Location Plan
- Release at least 20 shares worth 10,000 CFA francs each one
- Subscription Charge: 2000 FCFA per share
- account opening fees: 5000 FCFA
COLLECT ACCOUNT DAILY
- Minimum payment: 500 FCFA
- Management fees: 1 / 30th monthly installments with a minimum of 500 FCFA
- ID Card photocopy
- 01 Picture 4 * 4
The MIGEC offers several types of credit to meet the precise needs of applicants. So we distinguish Credits Investments to finance your investment in equipment and installation; Consumption of credits for family events (marriage, birth, bereavement, end party of years and many others); of School Credits for school costs of your children; Advance of salary (up to 70{ccb2bb8701818074ef4ddbbfb6f3f47b810d4707de4b8d17cf7b0d023a3db5e8} of your monthly salary); Moto Credits for the acquisition of a means of locomotion; end of overdrafts. And to get it is very simple, simply:
- Have an income generating activity
- Have cash worries
- Be of good moral character
- Having a guarantor.
- to transfer his salary to MIGEC and provide an irrevocable salary transfer certificate
At MIGEC when the complete file of the customer is received, the study takes 48 hours maximum.
At MIGEC the duration of the credit is a function of the quality of customer and subscribed credit type. It varies from 06 to 12 months for merchants and other individuals and 24 to 36 months for employees
To offer a possibility of choice to customers in order to satisfy them at best, MIGEC entered into partnership with two money transfer operators abroad that are SIGUE and MONEY GRAM. And the dynamism of its staff, within five (05) minute your operation is performed.
The MIGEC has a platform in it, in relation BGFIBank to enable it to perform real -time transfers and paying taxes for others.
MIGEC currently has 08 branches in three (03) major regions namely: Littoral with six (06) agencies, including those of AKWA Republic, AKWA Douche, AKWA Liberté, Mboppi, Ndogpassi and Bonamoussadi. Then the Western region with two (02) agencies including Bafoussam Baham and and end with the Centre (01) agency in Tsinga face to FECAFOOT.
MIGEC SA is open to all without distinction
- SMEs / SMIs
- Housewives
- Tradespeople
- Bayam sellam
- Groups, GIC, NGOs
- Businessmen
- Tontine Association
- Growers / farmers
- Educational institutions
- Public and private sector employees
- Call boxer and selling fritters, everyone can be customer MIGEC
MIGEC’s values are the following:
- Model
- Integrity
- Warranty
- Listening to the Customer
- Confidence