This year’s theme for the International Credit Union Day, “empower your future with a credit union”, was purposely chosen to underscore the work ahead to deepen and broaden financial inclusion. The World Council of Credit Unions (WOCCU) asserts that saccos have the perfect business model to financially empower the estimated 1.4 billion unbanked people globally.
These credit unions offer huge economic benefits in savings mobilisation and efficiency in credit for the households and their enterprises, especially the micro and small entrepreneurs (MSEs).
