AACUC to Fund Scholarships for WOCCU Program
Madison, WI-The African-American Credit Union
Coalition (AACUC) recently renewed its financial
commitment to fund three scholarships for World
Council of Credit Unions' (WOCCU) Strathmore-
WOCCU African Management Institute (SWAMI).
SWAMI is a credit union management accreditation
program for aspiring managers, senior credit
union management and board members in Africa.
Based in Nairobi, Kenya, SWAMI has drawn
participants from 8 different countries
including: Kenya, Uganda, Seychelles, Malawi,
Ghana, Botswana, Swaziland and South Africa.
Hubert Hoosman, AACUC board member and the
president and CEO of Vantage Credit Union
shared, "Supporting the SWAMI scholarship program
helps the African-American Credit Union Coalition
live up to its mission statement to increase the
global credit union movement's strength by adding
the focused perspective and energy of credit
union volunteers and professionals of African-
American and African descent."
The three AACUC scholarships are designated to
pay full tuition for three students for all three
tiers of the SWAMI credit union management
l-r: Anne Cochran, president and CEO, Louisiana Credit Union League and WOCCU international executive corps member; Steve Goldberg, executive director, CUNA Mutual Group Foundation; Angelica Kiboro, director of continuing education at Strathmore University; and Catherine Ford, WOCCU CDP manager pose for a photo in Madison, WI after a presentation on SWAMI. WOCCU recognizes CUNA Mutual Group Foundation for co-funding the SWAMI program.
The first graduating class of SWAMI, 20
managers and 18 board members celebrated the
completion of their certification program in
Angelica Kiboro, director of
continuing education at Strathmore University
spoke in Madison, WI recently on the SWAMI
program and noted, "Formal training for credit
union leaders in financial skills building,
lending, succession planning is key for the
survival and growth of credit unions."
World Council of Credit Unions is the global trade association and development agency for credit unions. World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. World Council advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach.
World Council has implemented more than 290 technical assistance programs in 71 countries. Worldwide, 51,000 credit unions in 100 countries serve 196 million people. Learn more about World Council's impact around the world at www.woccu.org.