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

16 registered cooperative societies working together for community development

Irorunde Parapo CMU Ltd

Parent Society

Sagamu
IRORUNNITEMI ISALE-OKO (SAGAMU) CMS

Branch Society

SAGAMU OGUN STATE
IRORUNDIRE ISALE-OKO (SAGAMU)CMS

Branch Society

SAGAMU OGUN STATE
IRORUNAYO ISALE-OKO (SAGAMU) CMS

Branch Society

SAGAMU OGUN STATE
IRORUNDE FLOURISH ISALE-OKO (SAGAMU) CMS

Branch Society

SAGAMU OGUN STATE
IRORUNDE FLOURISH ORILE IMO (OBAFEMI OWODE)CMS LTD

Branch Society

OBAFEMI OWODE, OGUN STATE
COMFORT ZONE ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

Branch Society

SAGAMU, OGUN STATE
IRORUNGBEMI ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

Branch Society

SAGAMU, OGUN STATE
TEMIDIRORUN ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

Branch Society

SAGAMU, OGUN STATE
IRORUNDE ORANGE ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

Branch Society

SAGAMU, OGUN STATE
IRORUNDE PURPLE ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

Branch Society

SAGAMU, OGUN STATE
IRORUNDE PINK ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

Branch Society

SAGAMU, OGUN STATE
IRORUNDE GREEN ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

Branch Society

SAGAMU, OGUN STATE
IRORUNDE BLUE ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

Branch Society

SAGAMU, OGUN STATE
IRORUNDE GOLD ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

Branch Society

SAGAMU, OGUN STATE
IRORUNDE ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

Branch Society

SAGAMU, OGUN STATE

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