Our Principles

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Our Principles

OPEN, VOLUNTARY MEMBERSHIP:  Membership in the BSLCCU is  voluntary and available to all Pan Africans without artificial restriction or any social, political, racial or religious discrimination, to all persons who can make use of its services and are willing to accept the responsibilities of membership.


DEMOCRATIC CONTROL:  The BSLCCU is a democratic organization.  Its operation is administered by persons elected and/or appointed in a manner agreed to by the members and accountable to them. Members enjoy equal rights of voting (one member, one vote) and participate in decisions affecting the union.
Not for profit:   Any surplus arising from BSLCCU operation belongs to members and is distributed in proportion to share contribution.

HONEST BUSINESS PRACTICES:  The BSLCCU deals openly, honestly, and honorably with   members and the general public.
Concern for Community:  The ultimate aim of the BSLCCU is to aid in the advancement of the common Pan African good.

EDUCATION, TRAINING and NFORMATION:  The BSLCCU makes provision for the education and training of its members, officers, and employees and of the general public in the principles and techniques of cooperation, both economic and democratic.

COOPERATION AMONG COOPERATIVES:   The BSLCCU, in order to best serve the interest of its members and their communities, actively cooperates in every practical way with other cooperatives at local, national, and international levels.