The World Council of Credit Unions (WOCCU) and the Worldwide Foundation for Credit Unions (WFCU) have launched a phased strategy to sustain essential credit union development efforts in Kenya and Guatemala as part of the Rally the Movement campaign. This initiative comes despite the termination of USAID awards that previously funded WOCCU’s international development projects.
In 2025, WOCCU and WFCU plan to collectively deploy approximately $650,000 to implement the first phase of this strategy, which will support targeted programs in Kenya, Guatemala, and Ukraine. In Kenya, WOCCU will introduce its SME Lending Toolkit in three savings and credit cooperatives (SACCOs) to help unlock financing for small businesses and youth-led enterprises. This initiative aims to reduce portfolio risk and increase outreach to women borrowers.
Each country’s strategy will include detailed key performance indicators (KPIs), deliverables, work plans, and impact reports.
“This strategy ensures that we preserve the incredible progress made through years of development work and adapt to current challenges with targeted, high-impact solutions,” stated Paul Treinen, Interim President and CEO of WOCCU. “We’re proud to advance these initiatives in partnership with World Council member credit union associations that share our commitment to cooperative finance and community empowerment.”
WFCU’s Rally the Movement campaign has raised a total of $1.17 million, driven by the extraordinary generosity of credit unions, credit union associations, and industry partners around the world.
