MADISON, Wis. — The World Council of Credit Unions has begun collecting money on behalf of Peruvian credit unions and their members who have been damaged by a large coastal earthquake. The 7.9 magnitude quake struck the southwest coast of the South American country on August 15.
Manual Rabines, WOCCU Second Vice Chairman and CEO of the National Credit Union Association of Peru (FENACREP), announced that FENACREP is leading relief efforts for credit union members, distributing food and blankets, and will assist with rebuilding credit unions damaged by the quake.
Authorities say hundreds of victims from Wednesday night's 7.9-magnitude quake are still trapped or stranded in coastal cities. Roads destroyed by the quake have hampered rescue efforts. Many buildings collapsed or suffered structural damage, including hospitals now overrun with victims in need of treatment.
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World Council has activated its Disaster Relief Fund to provide assistance to credit union staff and members through FENACREP. Monetary contributions from credit unions and individuals are needed to provide assistance to those whose lives have been devastated by this terrible disaster, World Council said.
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