Clonmel Credit Union a model to follow for developing states

Clonmel Credit Union manager Paul Davey talks to visiting representatives from Europe and Africa about the success of the Clonmel facility.
The wonderful success story that is Clonmel Credit Union was used a role model to follow for visiting Credit Union representatives from Eastern Europe and Africa last week.

The wonderful success story that is Clonmel Credit Union was used a role model to follow for visiting Credit Union representatives from Eastern Europe and Africa last week.

“We have a lot to give and we were delighted to share our experiences”, said manager Paul Davey.

Clonmel Credit Union hosted a delegation of credit union leaders, representing Albania, Russia, Ethiopia, the Gambia, Belize and Ghana.

Clonmel Credit Union in partnership with the Irish League of Credit Unions Foundation, which is the charitable arm of the Irish credit union movement, welcomed the overseas delegates to share in the experiences of credit unions in Ireland.

The ILCU Foundation provides financial and technical assistance to help strengthen credit union movements overseas.

The ultimate aim of the foundation is to alleviate poverty by providing access to financial services in some of the most rural parts of the world - in particular, West Africa.

Said Mr Davey: “I am pleased to support the International Partner’s Workshop event held by the ILCU Foundation, which is a long established partner of Clonmel Credit Union.

“Through this partnership Clonmel Credit Union can provide the visiting delegates with vast knowledge of credit union operations”. He said it was a great opportunity to share their strenghts with overseas credit union leaders.

The ILCU Foundation, over its 25 years, has helped to develop and nurture thousands of credit unions and their credit union members, mainly women, fighting poverty and improving financial literacy through training initiatives.

The Irish credit union movement is one of the most popular credit union movements in the world and the conference allowed the overseas visitors to speak with and visit staff and volunteers at a number of credit unions around the country.

Alan Moore, General Manager of the Foundation said: “The delegates have been given this opportunity due to the immense generosity and support of credit unions across the island of Ireland.

“This week allows us to invite our partners from across the globe to learn, share, and experience with their Irish counterparts.

“This would not be possible without the support of our Clonmel Credit Union”.

Baboucarr Jeng, General Manager of the National Association of Cooperatives and Credit Unions in the Gambia added: “This is an excellent opportunity to learn and share from both the Irish Credit Union movement and other credit union movements in Africa and Eastern Europe.

“On behalf of the Gambian credit union movement, I would like to thank Clonmel Credit Union for allowing us to travel to Ireland to learn from their vast experience”