Credit Unions

 

Credit Unions play a key role in providing financial services to rural Liberia.  The Liberia Credit Union National Association (LCUNA) is the Apex institution of the sector and works with primary credit unions which are present in every political sub-division in the country.  These primary credit unions are member-based institutions engaged in savings mobilization and credit extension to rural Liberians.  The sector is currently undergoing a revitalization with donor funding to improve governance and operations.  There are four new model credit unions all of which will be fully operational by 2015,  Credit Unions play a key role in providing financial services to rural Liberia.  The Liberia Credit Union National Association (LCUNA) is the Apex institution of the sector and works with primary credit unions which are present in every political sub-division in the country.  These primary credit unions are member-based institutions engaged in savings mobilization and credit extension to rural Liberians.  The sector is currently undergoing a revitalization with donor funding to improve governance and operations.  There are four new model credit unions all of which will be fully operational by 2015,