CREDIT UNION
The Savings and Credit Cooperative Organization was established in 2013 to provide people with funds for the development of micro-finance businesses.
The funds, which are given at very competitive interest rates, help the more entrepreneurial individuals as well as smaller projects through a process called table banking. Over the years almost 100 people have benefitted from using the credit union.
The chair person is Jesca, a long-time friend and retired nurse. She operates the credit union locally, while Jeremy oversees the project from the UK using modern technology.
We also encourage the members of the credit union to save money - no matter how small, and provide yearly interest as an incentive. A requirement to join the credit union is that the person must be a regular saver.
The Savings and Credit Cooperative Organization was established in 2013 to provide people with funds for the development of micro-finance businesses.
The funds, which are given at very competitive interest rates, help the more entrepreneurial individuals as well as smaller projects through a process called table banking. Over the years almost 100 people have benefitted from using the credit union.
The chair person is Jesca, a long-time friend and retired nurse. She operates the credit union locally, while Jeremy oversees the project from the UK using modern technology.
We also encourage the members of the credit union to save money - no matter how small, and provide yearly interest as an incentive. A requirement to join the credit union is that the person must be a regular saver.
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