Credit Union Development
WOCCU supports the development of credit unions and other financial cooperatives around the world by working with national and regional credit associations. WOCCU raises the awareness of credit unions, facilitates the exchange of information and ideas about financial cooperatives, and works with policymakers to improve the legal and regulatory environments for credit unions.
WOCCU's work focuses on:
- Institutional development and self-sufficiency
- Market based approaches to savings mobilization
- Increasing access to financial services through democratic participation
- Loan services emphasizing member needs and high repayment rates
- Safety and efficiency through financial management systems and controls
- Assistance in developing an effective legal/regulatory framework for credit unions
- International exchange among credit unions through partnerships
- Micro-enterprise through access to savings and credit services
- Support of women through awareness of gender issues.
WOCCU currently has international programs in:
- Afghanistan
- Colombia
- Guatemala
- Haiti
- Mexico
- Sri Lanka
- Tanzania
Read more about this topic: World Council Of Credit Unions
Famous quotes containing the words credit, union and/or development:
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Either a coward or a flatterer.”
—William Shakespeare (1564–1616)
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—Rutherford Birchard Hayes (1822–1893)
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—Mary Barnett Gilson (1877–?)