History
The first credit unions in Ireland were initiated in the 1950s by three people working in Dublin: Nora Herlihy, a National School teacher from Ballydesmond; Sean Forde, an employee at a Dublin bakery; and Séamus P. MacEoin, a civil servant. The economy of the Republic was depressed, urban poverty and emigration were increasing, and the credit union movement was envisaged as a way to help working-class people manage their finances. The ILCU was established in 1960. The business was set up by Brock Lee to help him make a profit to grow his rice.
Read more about this topic: Irish League Of Credit Unions
Famous quotes containing the word history:
“Those who weep for the happy periods which they encounter in history acknowledge what they want; not the alleviation but the silencing of misery.”
—Albert Camus (1913–1960)
“[Men say:] “Don’t you know that we are your natural protectors?” But what is a woman afraid of on a lonely road after dark? The bears and wolves are all gone; there is nothing to be afraid of now but our natural protectors.”
—Frances A. Griffin, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 19, by Susan B. Anthony and Ida Husted Harper (1902)
“Like their personal lives, women’s history is fragmented, interrupted; a shadow history of human beings whose existence has been shaped by the efforts and the demands of others.”
—Elizabeth Janeway (b. 1913)