PROJECT SCHEDULE.

# PROJECT STAGE COMPONENTS TIME

FRAME
1 Company a. Nature of business stated as Credit Union.
Registration b. Decision on shares to be issued and share price.

2 Regulatory a. Registration with Association of Co-operative Credit Unions.

Compliance
3 Feasibility Study a. Location Study.
b. Customer Analysis at location.
c. Product Analysis at location.
4 Development of a. Strategic plan for a minimum of a five year period.
Business Plan b. Financial projections for a minimum five year period.
c. Feasibility reports.
d. Organogram, job roles and reporting lines.
5 Shareholding a. Decision on quantity of shares to be issued and share price
with reference to financial projections and cost of startup.
b. Sale of shares per capital structure agreed upon.

6 Development, a. Charter of Governance (Board of Directors)

Review and b. Credit Administration Policy.
Approval of Policies c. Risk Management Policies.
and Manuals. Credit Risk & Recovery Policy
Operational Risk Policy.
Market Risk Management Policy.
Risk Appetite and Tolerance Limit Framework.
d. Operations Manual.
e. Treasury Management Framework.
f. Asset Liability Management Policy.
g. Internal Control Policy.
h. Human Capital Policy.
i. Staff Handbook & Employee Conduct.
j. Procurement and Vendor Management Policy.

7 Development, a. Product Papers.

Review and b. Forms design.
Approval of
Products

8 Physical Structure a. Interior and exterior setup, dcor and painting.

(optional) b. Branding of Physical Structure.
c. Internal and External Signage.

9 Banking Software to a. Purchase and setup banking software.

manage data and
transactions.

7 Security Detail a. Security Guard recruitment.

 Arrangement b. Police presence
(optional)
8 Recruitment and a. Recruitment of Staff body.
Approval. b. Recruitment of management.

9 Training a. Training of board members on financial reports analysis.

b. Training of management staff.
c. General training of staff body /and job role training.
d. Training of staff of the use of the credit unioning software.

1 Pre-Launch a. Involving local traditional leaders and opinion leaders.

0 b. Sensitization of all shareholding members and groups on the
intended operations and purpose of establishment of the
credit union.
c. Sensitization of target markets/groups and their leaders on
the intended operations and purpose of establishment of the
credit union.
d. Use of local public address system, announcement vans and
media.
1 Launch a. Launching of Durbar and ribbon-cutting to premises.
1 b. Post-launch mass marketing