Our story

Building financial success together since 2016

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

Who we are

Irorunde Parapo Cooperative Multipurpose Union Limited is more than just a financial institution. We are a community-driven organization dedicated to financial empowerment, agricultural support, community development, and member education.

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

About IPCMU-ltd
Our journey

Milestones that shaped our growth

Key moments in IPCMU's history from founding to digital transformation.

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.

2020

Union status

Elevated to Union status as Irorunde Parapo Sagamu Cooperative Multipurpose Union Limited.

2022

Growth & innovation

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

2024

Digital transformation

Embraced digital innovation with our online platform and member mobile app, making services more accessible.

Focus areas

What we do

Core pillars of our cooperative services and community development work.

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

Network

Affiliated societies

16 registered cooperative societies working together for community development.

Branch

IRORUNNITEMI ISALE-OKO (SAGAMU) CMS

SAGAMU OGUN STATE

Branch

IRORUNDIRE ISALE-OKO (SAGAMU)CMS

SAGAMU OGUN STATE

Branch

IRORUNAYO ISALE-OKO (SAGAMU) CMS

SAGAMU OGUN STATE

Branch

IRORUNDE FLOURISH ISALE-OKO (SAGAMU) CMS

SAGAMU OGUN STATE

Parent

Irorunde Parapo CMU Ltd

Sagamu

Branch

IRORUNDE FLOURISH ORILE IMO (OBAFEMI OWODE)CMS LTD

OBAFEMI OWODE, OGUN STATE

Branch

COMFORT ZONE ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

SAGAMU, OGUN STATE

Branch

IRORUNGBEMI ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

SAGAMU, OGUN STATE

Branch

TEMIDIRORUN ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

SAGAMU, OGUN STATE

Branch

IRORUNDE ORANGE ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

SAGAMU, OGUN STATE

Branch

IRORUNDE PURPLE ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

SAGAMU, OGUN STATE

Branch

IRORUNDE PINK ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

SAGAMU, OGUN STATE

Branch

IRORUNDE GREEN ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

SAGAMU, OGUN STATE

Branch

IRORUNDE BLUE ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

SAGAMU, OGUN STATE

Branch

IRORUNDE GOLD ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

SAGAMU, OGUN STATE

Branch

IRORUNDE ISALE OKO (SAGAMU) COOPERATIVE MULTIPURPOSE SOCIETY LIMITED

SAGAMU, OGUN STATE

Impact

Our community contributions

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
Management Team

Professional management

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

Ready to join IPCMU?

Register today and start building savings, shares, and access to cooperative loans and services.