Inst. Strength. of Credit Union System

closed

The objective of this project is to enhance theavailability of financial services for small and micro-enterprises, specifically theimproved supply of credit to the sector, through the strengthening of the creditunion system, as a target group oriented provider of financial services. Theproject consists of the following activities (i) strengthening of the Credit Union,through the introduction of SME credit know-how and training of Boardmembers and staff, improved administration and control, as well asmodernizing of products and product delivery; (ii) strengthening of BCLL,through the improvement of services offered, reform of the fee basis andestablishment of a Monitoring and Supervision Unit; and (iii) definition andimplementation of Prudential Norms and a Supervision Structure for the creditunion system.