KCDS is the first "Open Bound Credit Union" in our country and was founded on February 2, 1972.
Establishment
The first step towards the establishment of the KCDS was taken during a church service in November 1971 in the St. Alfonsuskerk on the Verlengde Keizerstraat in Paramaribo. In December of the same year, a small number of people, wo ms. Mathilde Does, meeting for the purpose of exchanging information and to form a working group. The efforts of this working group resulted in the registration of 40 (forty) prospective members, the establishment of the credit cooperative on February 2, 1972 and the election of the provisional board.
