Est. 2016 · Sagamu, Ogun State

Irorunde Parapo Cooperative
Multipurpose Union Limited

Empowering members through financial inclusion, infrastructure development and cooperative management since 2016

IPCMU members
2,300+ members strong
2,000+ Active members
3,000+ Loans provided
10+ Years of service
98% Member satisfaction
What we offer

Core services for every member

Savings, credit, agriculture, and community programmes — all under one trusted cooperative roof.

Savings Plans

Secure savings options with competitive returns to help members build financial discipline and long-term wealth.

Loan Services

Flexible loan options for personal, business, and emergency needs with transparent terms and member support.

Agricultural Support

Resources and funding for farming projects, plus training to improve productivity and sustainability.

Community Development

Programmes for social and economic growth including infrastructure, water ventures, and community assets.

About IPCMU
Since 2016
About IPCMU

Building a stronger community together

Irorunde Parapo Cooperative Multipurpose Union Limited is more than a financial institution — we are a member-owned union driving empowerment across Sagamu and affiliated societies.

  • Financial Empowerment Competitive savings, loans, and share products that help members build lasting financial security
  • Agricultural Support Resources, funding, and training for farming projects and agricultural ventures
  • Community Development Infrastructure, water ventures, and programmes for social and economic growth
  • Member Education Financial literacy, cooperative governance, and capacity-building for all members
Membership

Four steps to join IPCMU

  1. 1

    Register online

    Create your account on the member portal or mobile app.

  2. 2

    Complete profile

    Submit your details and required identification documents.

  3. 3

    Pay membership fee

    One-time fee to activate your cooperative membership.

  4. 4

    Start growing

    Access savings, loans, shares, Easy Own, and more.

Member voices

Success stories from our community

The business loan I received helped me establish my small business. The cooperative's support and flexible repayment terms made it possible for me to achieve my dreams.

Aisha Mohammed Business loan beneficiary

The savings program has helped me secure my family's future. With the competitive interest rates and financial guidance, I've been able to meet my financial goals.

Oluwaseun Adeleke Savings member
Leadership

Meet our team

FOLAMI RAHMON ABIODUN

FOLAMI RAHMON ABIODUN

Union President (Super)

View all team members →

Ready to grow with IPCMU?

Join over 2,000 members building savings, shares, and financial security.

Get in touch

We're here to help

Full contact page →
FAQ

Common questions

How do I become a member of Irorunde Parapo Cooperative?

To become a member, you need to:

  • Complete our membership application form
  • Provide required identification documents
  • Pay a one-time membership fee
  • Attend a brief orientation session
What financial services does the cooperative offer?

Irorunde Parapo Cooperative provides a range of financial services tailored to meet the needs of our members. These include:

  • Savings accounts
  • Fixed deposits
  • Personal and business loans
  • Agricultural financing
  • Emergency funds
Are there any membership fees or recurring charges?

Yes, there is a one-time membership fee required to join Irorunde Parapo Cooperative. This fee helps cover administrative costs and contributes to the cooperative's capital. There are no recurring charges for maintaining your membership. Additionally, our financial products may have associated fees, which are transparently communicated during the application process.

What are the benefits of being a cooperative member?

As a member, you enjoy numerous benefits including:

  • Access to competitive savings and loan products
  • Financial education and advisory services
  • Agricultural support programs
  • Business development training
  • Community development initiatives
  • Networking opportunities with other members
How can I apply for a loan through the cooperative?

The loan application process is straightforward:

  • Submit a loan application through our member portal or at a branch office
  • Provide required documentation (proof of income, business plans, etc.)
  • Meet with our loan officers for assessment
  • Receive approval and disbursement