The World Council of Credit Unions (WOCCU) Board of Directors unanimously approved the membership application for the Association Nationale des Caisses Populaires Haitiennes (ANACAPH) in the last quarter of 2017.
"We are pleased to welcome ANACAPH to our membership base and encourage their active participation to strengthen the global credit union movement,” said Brian Branch, World Council president and CEO.
The 100 percent credit union-owned organization from Haiti was established in 1998 to provide representation, advocacy, governance, IT support, education, technical assistance and training to its affiliates. ANACAPH has 49 credit union affiliates with 763 thousand members and total assets of US$96 million.
Credit unions in Haiti are supervised by the Central Bank of Haiti.
ANACAPH will access World Council advocacy support as well as research and innovative approaches to developing new products and services.
World Council currently works with the United States Agency for International Development (USAID) and Haitian credit unions to introduce personal mortgages for affordable and safer housing for members. World Council also works with USAID and credit unions in Haiti to introduce new savings products, as well as mobile service delivery channels.
ANACAPH joins 65 direct, associate and affiliate World Council member organizations serving more than 235 million people globally.