WOCCU-ACCION Presents Savings Mobilization Seminar in Bogota
With the participation of 18 staff from ACCION
International, the Savings Mobilization seminar
presented by World Council of Credit Unions, Inc.
(WOCCU) experts took place in Bogotá from
September 26th – 29th, 2005. Representatives from
Bolivia, Canada, Colombia, Ecuador, El Salvador,
Honduras, Nicaragua, Paraguay, Perú and the USA
attended the event. The workshop, which is part of
the learning agenda in the WOCCU-ACCION Project
financed by USAID, facilitated the transfer of
methodologies and techniques for the Mobilization
of Savings in microfinance entities and was based
on credit union experiences.
WOCCU works with ACCION International to
strengthen the capacity of credit unions and
microfinance institutions in a three-year, US$2.5
million dollar program. The project combines the
experience of both organizations to expand the
market outreach and the range of savings and
credit services offered to low income
microentrepreneurs in Colombia, as well as
introduce microlending technologies into credit
unions.
World Council of Credit Unions (WOCCU) is the global trade association and development agency for credit unions. WOCCU 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. WOCCU 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.
WOCCU has implemented more than 275 technical assistance programs in 71 countries. Worldwide, 53,000 credit unions in 100 countries serve 188 million people. Learn more about WOCCU's impact around the world at www.woccu.org.
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