World Council Marks Record Number of SWAMI Participants
Credit union best practices are discussed during a SWAMI session.
Madison, WI-World Council of Credit Unions
Strathmore-WOCCU Management Institute (SWAMI)
recently hosted a record number of students at
the November session in Nairobi, Kenya. Seventy-
two credit union (SACCO) leaders from eight
African countries participated in the three-tier
credit union certification program.
"The SWAMI program has made an impact in the
operations and management of many SACCOs in
Kenya. I graduated in June 2006 and my SACCO has
implemented most of what I learned based on the
SWAMI curriculum," explained Margaret Ngunjiri,
finance and administration manager, Jamii SACCO.
She continued, "In particular our SACCO has
improved in liquidity management. Policies have
been developed to cover all operational areas
and this assisted the board and management to
realize its potential. The introduction of new
products has attracted and retained members in
Kenya's Assistant Minister of Cooperatives,
Honorable Dr. David Mwenje acted as the keynote
speaker at the graduation. Anne Cochran,
president and CEO of Louisiana Credit Union
League and Rick Myxter of Pennsylvania Credit
Union League—two United States credit union
leaders involved in the development of the SWAMI
program—also spoke at the graduation ceremony,
along with World Council staff members Erick
Sile, project director and Catherine Ford, CDP
At the end of the week-long program, 18 tier
three SWAMI students graduated and joined the
growing ranks of SWAMI alumni, earning Certified
SACCO Professional (CSP) designation. Out of
this graduating class, 12 of the students were
managers and six were board members.
SWAMI participants pose for photo.
Angelica Kiboro, manager of Strathmore's
continuing education department shared that the
success of the program is seen by the growing
attendance of managers and board members, the
effectiveness and the value in credit union
training is seen in the numbers.
Prior to the graduation all SWAMI students
Alumni were invited to attend the 2nd Semi-
Annual Best Practices Session. During this event
alumni were invited to present on the
application of the CSP skills, by making
individual presentations to the group.
Samual Njguna, a SWAMI alum and Kenya Bankers
board member explained, "The training from SWAMI
has helped not only in my role as a board member
but in my day job as well. "WOCCU is making a
difference everyday with SWAMI. And like WOCCU
you can make a difference in your SACCO, every
"The responses we have received from all of
SWAMI graduates and alumni put the importance of
this type of program into perspective, not only
for Kenya's credit unions leaders but for others
throughout Africa," noted Catherine Ford, CDP
Some students in all three tiers of the
have been awarded scholarships and travel awards
with the assistance of the following donors:
CUNA Mutual Foundation, Louisiana Credit Union
League, Pennsylvania Credit Union Foundation,
American Heritage Federal Credit Union, ILCU
International Development Foundation, African
American CU Coalition, Southeast Regional Credit
Union School (SRCUS), Jim Lykins, and United
Nations Federal Credit Union.
El Consejo Mundial de Cooperativas de Ahorro y Crédito es la asociación gremial y agencia de desarrollo para el sistema internacional de cooperativas de ahorro y crédito. El Consejo Mundial promueve el crecimiento sustentable de las cooperativas de ahorro y crédito y otras cooperativas financieras en todo el mundo a fin de facultar a las personas para que mejoren su calidad de vida a través del acceso a servicios financieros asequibles y de alta calidad. El Consejo Mundial realiza esfuerzos de defensa activa en representación del sistema global de las cooperativas de ahorro y crédito ante organizaciones internacionales y trabaja con gobiernos nacionales para mejorar la legislación y la regulación. Sus programas de asistencia técnica introducen nuevas herramientas y tecnologías para fortalecer el desempeño financiero de las cooperativas de ahorro y crédito y profundizar su alcance comunitario.
El Consejo Mundial ha implementado 290 programas de asistencia técnica en 71 países. A nivel mundial, 51,000 cooperativas de ahorro y crédito en 100 países atienden a 196 millones de personas. Obtenga más información sobre el impacto global del Consejo Mundial en www.woccu.org.
Contacto principal: Jennifer Bernhardt
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