KANDAHAR PROVINCE, Afghanistan — More than 100 people gathered for the grand opening of the Kandahar Islamic Investment and Finance Cooperative on July 15 despite a nearby prison break a month earlier that freed 800 prisoners, including 400 Taliban fighters.
World Council of Credit Union personnel, who were in the country launching the cooperative and building the country's first credit union system, were forced to evacuate to the Kandahar military base for their safety until fighting subsided.
The grand opening ceremony began with an Islamic prayer, ribbon cutting, speeches and the disbursement of the first loans. The Kandahar IIFC is funded by the agricultural, rural investment and enterprise strengthening program of the U.S. Agency for International Development.
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