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MADISON, Wis. — The World Council of Credit Unions’ coffers have gotten a $27.7 million boost.

WOCCU received $8.3 million from the Microfinance Support Facility for Afghanistan and $19.4 million from the U.S. Agency for International Development. In northern Afghanistan, the MISFA funding will go toward five additional credit unions and points of service, designed as investment and finance cooperatives (IFCs), in order to be compliant with Islamic law. WOCCU will also provide continued technical support to two established IFCs in Sheberghan and Mazar-e-Shariff.

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