14 Aug 2022

Credit Union lends a hand to foreign guests

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St Canice’s Credit Union last week hosted an international delegation of credit union leaders, representing six different countries.

St Canice’s Credit Union last week hosted an international delegation of credit union leaders, representing six different countries.

Representatives fromAlbania, Russia, Ethiopia, Gambia, Ghana and Sierra Leone made the trip. St Canice’s Credit Union – in partnership with the Irish League of Credit Unions Foundation, which is the charitable arm of the Irish credit union movement – welcomed the overseas delegates to share in the experiences of Credit Unions in Ireland.

The ILCU Foundation provides financial and technical assistance to help strengthen credit union movements overseas. The ultimate aim of the foundation is to alleviate poverty by providing access to financial services in some of the most rural parts of the world.

The Irish credit union movement is one of the most popular credit union movements in the world and this visit will allow the overseas visitors to speak and visit staff and to observe daily operations first hand.

The week also offers an opportunity to share experiences of credit union development from the visiting delegates, discuss and address challenges and strategically plan for future support from the Foundation.

“We are pleased to support the International Partner’s Workshop event held by the ILCU Foundation, which is a long established partner of St Canices Credit Union,” said Claire Lawton, manager of St Canice’s Credit Union.

“Through this partnership St Canices Credit Union can provide the visiting delegates with vast knowledge of credit union operations.”

The Foundation was set up in 1980 out of a responsibility to share the success of the Irish credit union movement with similar movements in the developing world.The support provided to Credit Union movements in partner countries includes training and up-skilling Credit Union volunteers, directors and staff, improving the level and quality of services that credit unions provide to their members, and assisting these credit union movements to become self-sustainable.

Alan Moore, General Manager of the Foundation said the opportunity only arose through the generosity and support of credit unions across Ireland.

“This week allows us to invite our partners from across the globe to learn, share, and experience with their Irish counterparts,” he said.

“This would not be possible without the support of our St Canices Credit Union.”

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