MADISON, Wis.–WOCCU said it has approved a membership application from the Association Nationale des Caisses Populaires Haitiennes (ANACAPH), the trade association for Haiti’s credit unions.
"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.
ANACAPH 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, WOCCU said.
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 said it is also working with USAID and credit unions in Haiti to introduce new savings products, as well as mobile service delivery channels.