ILCU - International Development Foundation
The mission of the ILCU Foundation is to alleviate poverty in developing countries by supporting credit unions, their representative bodies and other co-operative type organisations as a means for socio-economic development through the provision of financial and technical assistance.
Innovations in the microfinance program planned for the coming year
ILCUF, in consortium with The Canadian Co-operative Association (CCA) and the African Confederation of Saving and Credit Co-operative Associations (ACOSCCA) obtained four year funding from the International Fund for Agricultural Development, to enable credit unions in Ethiopia, Tanzania and Malawi to improve their rural financial outreach through technological innovations such as mobile banking for co-operatives, youth savings and insurance.
Countries of intervention
Belize, Liberia, Gambia, Sierra Leone, Ethiopia, Ghana, Europe, Albania, Africa, Russian Federation, South America
Areas of intervention
Micro and Small Enterprise (MSE) Finance
Strengthening national/regional microfinance support sector (e.g. credit bureaus, consultants, rating)
Sector mapping
Management information systems
Graduation of MFIs
Strategic planning
MFI operations (e.g. general management, governance, finance and accounting, staff training, recruiting)
Evaluation
Impact and performances studies
Risk management
Marketing
MFI operations (e.g. general management, governance, finance and accounting, staff, training, recruiting)