In Afghanistan, WOCCU built the credit union ecosystem from the ground up and increased credit union outreach in areas still experiencing conflict. More than two decades of conflict in Afghanistan had destroyed most of the educational infrastructure required to train and equip Afghans with administrative, management and financial skills necessary to develop and run effective financial cooperatives. Despite these challenges, WOCCU was able to provide intensive, hands-on training for credit union staff, making daily visits to different credit unions to mentor their counterparts, solve operating problems and develop the skills of their staff. Through the Incluir Model in Colombia, WOCCU provided access to savings, loans and insurance products for the poor, in regions where people have been displaced by insecurity, and are currently living in camps with no access to water, electricity or land. In partnership with the Liberia Credit Union National Association, WOCCU established four Regional Credit Unions to revitalize the credit union system that had been devastated by the civil war and the Ebola crisis.
WOCCU assists credit unions to adapt their methodologies and financial products to the needs of IDPs. This applies our community-based, savings-driven approach with the following components: understanding the clients, tailoring outreach, and developing custom products and services.
Our work in Haiti provided earthquake recovery and stabilization grants to provide immediate response to the needs of the financial institutions impacted by the 2010 earthquake. Toward the end of 2010, the microfinance sector appeared to have fully recovered from the disaster, boasting even better financial health than before.