Today, Bruce and I visited with a small credit union orginally based on the membership of a church in one area of Accra. It has opened to a community bond, but it’s key membership is from a church.
The credit union has several challenges that we have jointly identifed with the manager and chair. They are similar to those identifed in an audit completed at the previous year end. While small in assets and membership, the credit union has lots of room to grow and increase its loans made to members. Hopefully, we can instill some suggestions with the board that will help drive the successful growth over the coming months….