The Gates Foundations Grants $6.7 Million to the World Council of Credit Unions (WOCCU) and $2 Million to WOCCU’s Worldwide Foundation for Credit Unions

The Bill & Melinda Gates Foundation granted $6.7 million to the World Council of Credit Unions (WOCCU) and $2 million to WOCCU’s Worldwide Foundation for Credit Unions. WOCCU will use the money to implement a Credit Union Growth Program in Africa and Latin America that will test product development tools for rapid credit union growth and provide outreach to the poor. Ten credit unions in Rwanda will be pilots for French-speaking African credit unions; ten Colombian credit unions will serve as test cases for Latin America; and up to seven credit unions in Kenya will pilot the English-speaking African program.

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