Corporate One FCU Sends IT Manager to Bolivia to Install Network at WOCCU Office
Corporate One's John Elden works on WOCCU-Bolivia's new server.
Madison, WI – Last week, a new high-tech
system was installed at the World Council of
Credit Unions, Inc. (WOCCU) office in Cochabamba,
Bolivia. The installation of the network makes
WOCCU-Bolivia a central financial facility,
fulfilling one of the goals of the partnership
agreement between Bolivia and Ohio. Participating
representatives included, Steve Schaefer, WOCCU
technical officer to Latin America and the
Caribbean; John Elden, IT systems operations
manager of Corporate One Federal Credit Union
(Ohio); and Julio Fernandez, project director of
Two servers connect 33 credit unions in remote
locations all over Bolivia to a centralized data
network housed in the WOCCU-Bolivia office.
Corporate One, in partnership with WOCCU-Bolivia,
developed the software needed for this network at
no cost to the project. Because of their
efforts, credit unions in Bolivia will now be
able to send transfers from one credit union to
the other via a website called "ServiRed." A
family living in one rural area will be able to
easily and inexpensively transfer money to other
family members in another rural area; a man
working in the city can wire money to his wife
living in the country.
Further, all workstations in the office are
networked to each other so that it will be easier
for staff to share files and collaborate on
"We could not have moved as quickly and
efficiently without the help of Corporate One,"
said Schaefer. "Their involvement in the
development of the network software and the
installation of the servers is an immeasurable
contribution to the credit unions of Bolivia. In
short, they have been fantastic!"
"The Ohio Credit Union League is thrilled with
the progress made because of the efforts of our
partners at Corporate One FCU," added John
Florian, the League's Chief Operating
Officer. "We are also looking forward to having
Sue Helmreich and Kathy Kanipe travel to Bolivia
in January to further assist the project."
The partnership between WOCCU-Bolivia, the
Credit Union League, and Corporate One Federal
Credit Union began in February of 2003. Both the
Ohio League and Corporate One have contributed
considerable time and resources to the
partnership since its inception and have been
instrumental in the success of the WOCCU-Bolivia
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.