For many years our credit union and our members’ have helped some of the poorest people in the world to have access to their own Credit Union. Through our support of the ILCU Foundation we are making a difference the world over.
The ICLU Foundation was founded in 1980 and its’ mission is to “alleviate poverty in developing countries by supporting credit unions, their representative bodies and other co-operative type organisations as a means for socio-economic development through the provision of financial and technical assistance”.
The ILCU Foundation was set up out of a responsibility to share the success of the Irish Credit Union movement with similar movements in developing and low-income countries. In Ireland, we know the positive effects our Credit Union has made in our community and communities across the country. The work of ILCU Foundation in the developing world is hugely important as it supports Credit Unions to provide credit and saving facilities. Credit Unions in low-income and developing countries can serve poor and marginalised people in society, who are normally overlooked by banks.
The ILCU Foundation supports the credit union systems in The Gambia, Ethiopia, Albania, Ghana, Sierra Leone, Liberia and Belize.