African Credit Union Leader Benefits from Western CUNA Management School Sponsorship
Margaret Njeri Ngunjiri participated in her first two-week session of the three-year Western CUNA Management School in July.
Madison, WI—Margaret Njeri Ngunjiri,
Manager of Finance
and Administration at Jamii Savings and
Credit Co-operative (SACCO) Society, Ltd. in
Nairobi, Kenya, spoke nothing but praise about
first-year attendance at the Western CUNA
Management School in California last month.
“Everything that was scheduled at the school
value to all facets of my life,” Ngunjiri said.
“The program was packed with relevant information
that opened up my sphere of thinking, especially
to credit union management.”
World Council of Credit Unions (WOCCU)
Ngunjiri, a 2006 Strathmore-WOCCU African
Management Institute (SWAMI) graduate, for the
WCMS scholarship because of her outstanding
leadership among fellow credit union leaders in
class. Jamii SACCO (credit union) is one of seven
SACCOs working with WOCCU programs in
Kenya. WOCCU's work with Jamii SACCO is funded
Bill & Melinda Gates Foundation.
Following Ngunjiri’s SWAMI graduation and
nomination, the WCMS board approved a full
scholarship and agreed to pay the direct expenses
for Ngunjiri to attend the three-year WCMS
“Not only was the scholarship approved,” said
Barry Jolette, WCMS Board Trustee and WOCCU 1st
Vice Chairman, “but individual members of the
board were all very enthusiastic in their
The scholarship will enable Ngunjiri to
to develop her skills as a credit union leader
become an agent of change in the Kenyan and
African credit union society.
“I am very appreciative of the support I
from the donor and all the hospitality and
assistance I received from the California Credit
Union League and CUNA Western Management School,”
Ngunjiri said. “The program was very rich in
content and had a lot of what we could implement
in our credit union in Kenya. It was a
mind-opening experience…I am thankful to
able to go through the program, and it will
certainly change the outlook of my credit union.”
Ngunjiri said her credit union is already
implementing the knowledge she gained from WCMS.
WCMS is a three-year program for credit union
professionals. Students attend a two-week
session each summer on topics such as management,
economics, legal and ethical standards, money and
financial institutions, communications and
leadership and participate in organized
outside the classroom. In addition to the annual
sessions, each student completes a written
between terms: an analysis of the student's
union and a strategic plan for the future of the
student’s credit union.
The California Credit Union League conducts
administration from its headquarters in Rancho
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, 56,000 credit unions in 101 countries serve 200 million people. Learn more about World Council's impact around the world at www.woccu.org.
Contact: Rebecca Carpenter
Organization: World Council of Credit Unions