Our Story

Building Financial Success Together Since 2016

From our humble beginnings with 20 founding members to becoming a leading cooperative union, we've remained committed to empowering our community.

About Irorunde

Our Journey 🚀

Milestones that shaped our growth and impact

2016 - The Beginning 🌱

Established by 20 visionary founding members from Nigerian Correctional Service (NCoS), setting the foundation for financial empowerment.

2018 - Official Recognition 📜

Achieved official registration under Ogun State Ministry of Community Development and Cooperatives, marking our commitment to legal compliance.

2020 - Major Milestone 🏆

Elevated to Union status as Irorunde Parapo Sagamu Cooperative Multipurpose Union Limited, expanding our reach and impact.

2022 - Growth & Innovation 📈

Launched innovative financial products and achieved significant membership growth, serving over 1,000 members with diverse financial solutions.

2024 - Digital Transformation 💫

Embraced digital innovation with our online platform, making financial services more accessible to all members.

Our Affiliated Societies

1 registered cooperative societies working together for community development

Economic Empowerment Unit (Baetul-Rahmon Islamic CMS, Saje Abeokuta)

Parent Society

Saje, Abeokuta

Our Impact

Key achievements and contributions to our community

Water Venture

70% equity contribution in the Irorunde Water Venture, providing clean water access to our community.

Loan Disbursement

Over ₦2.3 billion disbursed as loans for various developmental projects.

Infrastructure

Construction of Multipurpose Hall and Irorunde Nursery and Primary School.

Secure Financial Management

Our robust financial management system ensures security and reliability:

  • Direct source deduction for NCoS staff members
  • Minimized default risk through systematic processes
  • Transparent financial tracking and reporting
Financial Management

Professional Management

Our management team comprises highly skilled professionals with continuous training in Cooperative Management, both locally and internationally.

Management Team