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February Ezine

2020 Overview

We hope you are continuing to keep safe and well.

Despite the challenges we all faced last year, I would like to thank everyone who continued to support us. In 2020 Irish Credit Unions donated over €525,000 to support the Foundation's work. We are extremely grateful for the continued support and we hope it continues. In addition, over €5,000 was raised through online fundraisers. Last year we supported a total of 426 Credit Unions 176,694 credit union members (of which 43% are female members). 

Some highlights from the year include:

  • We supported NaCCUA, apex body in Sierra Leone, to provide technical assistance to credit unions in the area of liquidity management, loan management and HR.
  • We supported the Credit Unions in Sierra Leone to respond to the threat of COVID-19 by distributing masks and sanitation kits for credit unions and members nationwide. 
  • A pilot project was undertaken to oralise passbooks for GMF members in rural communities to address their low levels of financial literacy.
  • A second regional apex organisation for credit unions was established in the region of Amhara, Ethiopia.
  • A deep dive research project examining mobile money and digital financial services resulted in a pilot project in remote rural credit unions in a southern region of Ethiopia.
  • We signed a memorandum of understanding with both NACCUG in The Gambia and ACCOSCA, which sets out our support to both organisations in the short to medium term.
  • A core Credit Union Curriculum was developed for Sierra Leone and Ethiopia. The curriculum covers a number of key areas that all staff and volunteers must undertake as part of their training.

For the year ahead we will continue to remotely support our local partners and assist in the development of credit union movements, to provide communities with access to affordable and ethical financial services. We hope to resume our volunteer programmes when it is safe to do so, but in the meantime we will continue to adapt how we can best support our partners.

Alan Moore,
CEO

ilcufoundation.ie

News and Events

Webinar

We are hosting a webinar on Wednesday, 10th February. The focus of the webinar is Credit Unions in Eastern Europe - Challenging Times Ahead. We will have speakers from four credit union movements and we will be joined by Brian Hayes, Moore Ireland.  

You can register for the webinar by clicking this link: https://bit.ly/3alCE2b

Moore Ireland is a corporate partner of the Foundation and we are hugely grateful to them for supporting our work providing technical assistance and financial donations.

Job Vacancy

The Foundation are looking to recruit an International Programme Manager. For more on the job description and application process, click here                

If you know of anybody who might be interested please share with them.

COVID-19 Update

COVID-19 cases are on the increase in our partner countries, with added restrictions being implemented in some areas. Please see below the most recent updates as of Tuesday, 2nd February.

- Ethiopia: 138,384 confirmed cases, 2,103 deaths         
- Sierra Leone: 3,634 confirmed cases, 79 deaths
- The Gambia: 4,139 confirmed cases, 131 deaths                   

The credit unions and apex organisations continue to adhere to all government regulations and have preventative measures in place to help stop the spread of COVID-19.

The Foundation would like to thank everyone who supports to undertake our work: the Irish Credit Unions, our institutional donors,
development partners, our corporate partners,
the Irish League of Credit Unions and our many supporters.
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International Development Foundation
Irish League of Credit Unions, 33-41 Lower Mount Street, Dublin 2

+353 (0) 1 614 6700
foundation@creditunion.ie

The ILCU International Development Foundation is registered in Ireland,
registered charity number 20024314.

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