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MANCHESTER CO-OPERATIVE CREDIT UNION (1977) LTD.
Comparison of Loans Disbursed (Purpose) for 2017 and 2016
When compared with 2017 the loans disbursed decreased in number by 1,115 or 26.99% from 5,246 to
4,131. However there was an increase in the dollar value disbursed by $4.67 million or 0.37% from
$1.248 billion to $1.253 billion. The overall loan portfolio increased by $286 million from $2.63 billion in
2016 to $2.92 billion in 2017 representing a growth of 10.86%.
Profile of Loans Disbursed by Security
The following chart displays the
top five categories of loans
disbursed by security during the
year. The MoniBooster Unsecured
Loan Product was the largest
category disbursing $662 million
in 2017.
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“Where Service Exceeds Expectation”