Tontines in Cameroon are an important part of the informal financial sector that provides individuals who are unable to access money from formal financial sectors with cash. Although this has fostered development and helped individuals overcome extreme poverty, the IFS is yet to address macroeconomic problems. The Informal Financial Sector (IFS) is a local traditional banking system. The... Continue Reading
Lea Pulcherie Maffengang Nzeyap
Lea Pulcherie Maffengang is currently pursueing her Master of Public Policy at the Willy Brandt School of Public Policy in Erfurt, with special emphasis on Public and Nonprofit Management and International Affairs. She is an active member of several Tontines in Cameroon (LES EMERAUDES, CERPROLYM, NKUISHOU’0 BANSOA, Amical du Departement d’Allemand du LBM). She has served in most of these Tontines as General Secretary over years, and was the 1st Development Project-Manager in the women's association LES EMERAUDES from 2009 to 2011. Ms Maffengang worked as a secondary school teacher in Yaounde after she obtained her Maitrise in German studies at the University of Yaounde and graduated from the Higher Teachers’ Training College, Ecole Normale Superieure, in Yaounde. Ms Maffengang is interested in the fight against unemployment and poverty and is working on the reform of the school system in Cameroon. She is married and has four children.