Wednesday, January 23, 2008

On this day in Our Islands History

In 1920, Mr. Alphonse Desjardins opened the doors to the first Caisse Populaire, at his residence. Twelve persons present themselves, to carry out the first payment on the social activities, subscribed in the meetings of the preceding December 6 foundation. The first deposit of 5 cents would be carried out some days later.

- From the chronicle's of historian Father Frédéric Landry
Événements Historiques Agenda (Septembre 1993 à Septembre 1994)

Mr. Alphonse Desjardins created the first of the islands Caisse Populaires (CP) which are considered credit unions with the rest of the world. Here on the island the CP have flourished, particularly in later years. Now there are Caisses in Grand Entry, House Harbour, Grindstone, Etang-du-Nord and Amherst, with all but the one in House Harbour having the same foundations.

If anyone has any ideas on the subject, please feel free to make suggestions in the comment section of this posting!

1 comment:

Tory said...

The Caisse Populaire was started there? How interesting! Now they are everywhere. Especially in Quebec and Ottawa/eastern Ontario.
I love your blog and you describe it so beautifully I feel as if I'm there! I want to be there!
Take care