Projects

Financial Performance

September 2015 to July 31, 2017

Of the 200,000,000 CFA Francs Capital projected, we have realized 99,418,333 FCFA which is 49,86%;

Of the estimated Term Deposits of 800,000,000 FCFA planned, we have issued deposits of 115,249,005 CFA francs which is just 14.44% of the total estimate.

So the Fund has raised:

214,667,338 CFAF.

Financial Plan

We planned to raise a capital of 500,000,000 (Five hundred million) FCFA in 5 years, that is, from September 2015 to September 2020.

To fulfill the urgent needs of the institutions of our Convention, we made an emergency plan to raise 1,000,000,000 (one billion) FCFA by December 2017 through:

  1. a) Capital from donations and contributions 200,000,000 (two hundred million) FCFA
  2. b) Term deposits 800,000,000 (eight hundred million) FCFA.

Feel free to Contact us at any time!

Projects Financed by the Fund

A total of 18 projects have been financed in the following 11 Fields:

 

(a)Bamenda - 3 including a CBC Department, 

(b) Bafoussam – 2

(c) Kumba - 1

(d) Limbe - 3

(e) Ndu - 2

 (f)Mbem- 1

(g) Magba -1

 (h)Soppo – 2 

(i) Yaounde -1

 ( j ) Nkambe-1

(k) ADNOFAN -1

MUYUKA

BEFORE

CALVARY BAPTIST CHURCH MUYUKA

Structure started October 2013. Valued – 27.5 million Francs before loan.


Purpose of Loan                         –Church building/Finishing of parsonage


Loan Amount                                                  –                           9,000,000 FCFA


Date loan taken/duration                              – November 2016/46 months

AFTER

CALVARY CHURCH BUILDING AT ADVANCE STAGE OF COMPLETION

 

 

 

 

 

MBEM

BEFORE

MBEM FIELD COMPLEX

Field House began February 2010. Valued at 11.5 million FCFA                      before loan.

Purpose of loan                 - Roofing of the Field Complex

Amount                                                     – 3,000,000 Francs

Date/duration                                 – May 2016/30 months

AFTER

Mbem Field Complex Roof Completed 21 days after loan was granted

 

 

 

 

 

YAOUNDE

BEFORE

Zion CBC Church Voundou Yaounde

Started August 2011, valued at 29.96 million francs on 1st July 2016


Purpose of loan                        -       roofing of Church house


Amount of loan                                – 15,000,000 CFA  Francs


Date and Duration of loan                – July 2016/48 months

AFTER

Voundou Church roof completed 1 month after acquiring loan.

 

 

 

 

MAGBA

BEFORE

Berean CBC Church Magba

Started 20th February 2011. Valued at 27 million francs before loan.
Purpose of loan                 -             roofing of Church house
Amount of loan                                 – 7,000,000 CFA  Francs


Date and Duration of loan               – July 2016/48 months

AFTER

Church roof completed 75 days after acquiring loan.

 

 

 

 

 

NDU

BEFORE

REDEEMER CBC CHURCH NTUNGE NDU FIELD

Church House began November 2014. Valued at 10.58 million FCFA                                  on July  1st 2016 before loan was granted.
Purpose of loan                                             – Roofing of church house
Amount                                                                            – 8,000,000 FCFA


Date and Duration                                              – July 2016/ 48 months

AFTER

State of Redeemer Baptist Church Ntunge 3 weeks after obtaining loan

 

 

 

 

 

BAFOUSSAM

BEFORE

SOLEMN BAPTIST CHURCH BAFOUSSAM

Purpose of loan - Purchase of a parcel of land with houses


 Land negotiation began in February 2017


Amount of loan                            –              20,000,000 FCFA

ALSO

Land with three completed houses

 

 

 

 

 

DOUALA

BEFORE

EMMANUEL BAPTIST CHURCH MAMBANDA DOUALA

Project started October 2013. Valued at 66 million                                                         on March 1st 2016 before loan
Purpose of loan                           - Completion of Primary School
Amount of loan                                      –              30,000,000 FCFA


Date and Duration of loan                    - March 2016/48 months

ALSO

Primary School structure completed to the level to take in pupils for the 2016/2017 school year

 

 

 

 

 

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EBC Mambanda Primary school in August 2017

EBC Mambanda

Primary school in August 2017

Cross view of CBC primary school Mambanda

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