Countries
The Gambia, Ghana, Sierra Leone
Local project partners
Ghana: Co-operative Credit Union Association (CUA),
The Gambia: National Association of Co-operative Credit Unions of The Gambia (NACCUG),
Sierra Leone: National Co-operative Credit Unions Association (NACCUA), ILCUF
German project partner
Rheinischer Sparkassen- und Giroverband (RSGV), Düsseldorf
Sparkasse Attendorn-Lennestadt-Kirchhundem
Donor
Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ)
Duration
01.07.2023 - 30.06.2026
The development of the three project countries in English-speaking West Africa is characterized by continued inadequate access to appropriate financial services as a major obstacle to development. This particularly affects women and young people. Credit cooperatives make a significant contribution to providing the primarily rural population with financial services, but the organizational and institutional development of the associations and their affiliated institutions still needs to be expanded.
The overall objective of the project is to improve the financial inclusion of previously excluded or disadvantaged population groups through better access to financial services, thereby promoting their participation in economic life and contributing to poverty reduction. The concrete project objective is to strengthen the credit cooperative associations in Ghana, The Gambia, and Sierra Leone so that they can offer their members target-group-oriented and needs-based services.
Project Tasks
The credit cooperative associations and their affiliated credit cooperatives (KG) in Ghana, Gambia and Sierra Leone are to be strengthened in their organisational development so that they can subsequently offer needs-based services and demand-oriented financial services and products for their members, in particular micro, small and medium-sized enterprises (MSMEs) as well as women and young people.
The South-South exchange between the partner associations is to be intensified and stabilised. (Potential) members of the KG, with a special focus on women and young people, are also strengthened in a holistic manner, which contributes to job creation and thus promotes the local economy.
