Africa, Gambia, Ghana, Liberia, Sierra Leone | Strengthening the Western African credit union associations in their organizational development

Gambia, Ghana, Liberia, Sierra Leone

Local project partners
Ghana: Co-operative Credit Union Association (CUA),
Gambia: National Association of Co-operative Credit Unions of The Gambia (NACCUG),
Liberia: Liberia Credit Union National Association (LCUNA),
Sierra Leone: National Co-operative Credit Unions Association (NACCUA)

German project partner
Rheinischer Sparkassen- und Giroverband (RSGV), Düsseldorf

Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ)

01.10.2018 - 30.09.2020

The development of the four project countries in English-speaking West Africa is characterized by inadequate access to financial services as a major obstacle to development. Although credit unions make an important contribution to providing the rural population, in particular, with financial services, the organizational and institutional development of the associations and the associated institutes is inadequate, albeit in different forms.

The South-South exchange between the Ghanaian and Gambian partners, already established in a preliminary project, will be expanded to include the partners in Liberia and Sierra Leone. The overall aim of the project is to achieve an improved financial inclusion of previously excluded or disadvantaged population groups through better access to financial services, in order to promote their participation in economic life and to contribute to poverty reduction.

The aim of the project is to strengthen the credit unions in Ghana, Gambia, Liberia and Sierra Leone so that they can offer their members services tailored to their target groups.

• The existing cooperation between the Ghanaian and Gambian credit cooperative associations is being expanded and intensified and expanded to include the associations from Liberia and Sierra Leone.

• In addition, CUA is supported in the implementation of a new association strategy and the consolidation process of the individual cooperatives.

• At NACCUG, the new training center and risk management in the sector will be further developed.

Sparkassenstiftung für internationale Kooperation e.V.
Simrockstraße 4, 53113 Bonn

Phone: +49 228 9703-0
Fax: +49 228 9703-6613 or -6630

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