What is the World Council of Credit Unions ?

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            WORLD COUNCIL OF CREDIT UNIONS (WOCCU)
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What is the World Council of Credit Unions (WOCCU)?   

     WOCCU, established in 1971, is the international
     organization for credit unions and similar cooperative
     financial institutions.

What is the purpose of WOCCU?

     WOCCU assists members and others interested in becoming
     members to organize,  expand, improve, and integrate credit
     unions as effective instruments for economic and social
     development.

What is WOCCU's development experience?

     WOCCU supports the development of cooperative thrift and
     credit institutions throughout the world, working with
     national and regional credit union associations.  In
     particular, WOCCU's work emphasizes:

     * institutional development by helping to create hundreds
     of local and regional financial institutions that operate
     on the principle of self-reliance.

     * savings mobilization by developing market-oriented
     approaches and instruments to stimulate increased savings
     among people of modest means.

     * credit administration by organizing loan services
     characterized by their focus on member needs and high
     repayment rates.

     * participatory development by working through credit
     unions to increase the number of people who have access to
     affordable financial services and by stimulating members'
     effective exercise of democratic rights and practices
     inherent in credit unions' structure.

     * safety and soundness by building financial management
     systems and internal controls to ensure that credit unions
     function efficiently and that members' funds are protected.
     
     * prudential supervision by helping develop countries'
     legal/ regulatory  frameworks and effective credit union
     monitoring systems.

     * people-to-people partnerships by facilitating hundreds of
     exchanges between credit unions in developed and developing
     countries to train staff, members, and leaders.

     * microenterprise by developing credit union programs that
     enable microentrepreneurs to access savings and credit
     services, such as non-collaterized loans, faster loan
     processing, and market returns on deposits.

     * women in development by implementing programs that raise
     awareness of gender issues and promote savings and credit
     products that are responsive to women members' particular
     needs.

Contact:

     World Council of Credit Unions
     PO Box 2982
     Madison, WI 53701-2982
     U.S.A.
     Phone     + 1 608 231-7130
     Fax       + 1 608 238-8020

     Chief Executive Officer, Christopher Baker
     Senior Executive Director, David Dinning
     Executive Director, Technical Services, David Richardson, 

     E-mail: (user id) + aworld%woccu@mcimail.com
     (Users ids are first intial plus last name of staff member)