World Council of Credit Unions has reached an important milestone-it's 40 years old today.
The global credit union trade association and development agency formally incorporated Nov. 9, 1970, in Madison, Wis., although its articles of incorporation state that WOCCU's operations "are principally to be conducted wherever credit unions are located."
Over the past four decades, WOCCU has implemented more than 275 technical assistance programs in 70 countries around the world. In addition, it has worked with credit unions to employ innovative rural outreach technologies, create an Islamic finance model for cooperatives in Afghanistan and develop agricultural finance programs that connect small farmers to markets.
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