Credit Union Micro-Finance Innovation (CUMI)

Friday, January 2nd, 2009

Credit Union Micro-Finance Innovation (CUMI)

A specially designed product that provides sustainable and affordable access to both savings and credit to entrepreneurial poor that do not have access to formal financial institutions.

MICRO FINANCE . . .

  1. A TOOL FOR POVERTY ALLEVIATION
    1. More closely connected or associated with concrete social groups,

    2. Have a better access to field information on the target groups, and

    3. In a position to closely monitor the enterprise

    2. Microfinance should be conducted through the CU because:

  2. AIMS AT THE DEVELOPMENT OF THE FINANCIAL

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Credit Union

Friday, January 2nd, 2009

What is Credit Union?
Credit Union is a group of people who commit to work together following the cooperative principles and values for their socio-economic development activities involving savings and credit.
A Credit Union can be organized in the common bond where members reside, work, or meet. To be a member is the requirement to get access to credit union services. Membership is open to everyone regardless of religion, economic status, ethic and political affiliations.
A Credit Union encourages members to save and provides loaning service to members. Its tree fold mission: economic, social, and political-entails promotion… read more

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Credit Union CEO Competency Course CUCCC

Thursday, January 1st, 2009

The chief executive officer is the overall, primary management and leadership role in any organization. Therefore, it is critical that chief executive officers have strong knowledge and skills in a wide variety of areas. However, there are certain basic areas of knowledge and skills which provide the foundation from which chief executive officers can add knowledge and skills customized to the particular nature of the credit union and the current environment.

The Credit Union CEOs Competency Course CUCCC is very useful tool for CEOs. An experienced CEO, who certainly can use improvement in some areas, can accurately pinpoint weaknesses to… read more

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