Institutional Strengthening of the Credit Union Sector

closed

The project will strengthen the Credit Union (CU) sector in Belize. Its main objective is to enhance and strengthen the access to secure and sustainable financial services by the low to mid income populations, which include a micro enterprises. The project's purpose is to expand and improve the quality of services of offered by CUs and to improve its management capacities. The project will seek to strengthen the individual CU's, as well as their umbrella organization, the Belize Credit Union League (BCUL). Individual CUs will receive technical assistance services to (i) adjust to the new regulatory framework for CUs, (ii) improve their managerial and operational capacities, and (iii) improve or develop financial products aimed at micro enterprises and low income populations. BCUL will be strengthened in its capacities to monitor and provide technical support to CU.