Stephen Lewis Praises Credit Unions for Combating Poverty

July 31, 2007

CALGARY -- A live video link with credit union workers in Afghanistan was a highlight of the first day of the 2007 World Credit Union Conference.
Pete Crear, World Council of Credit Unions (WOCCU) President and CEO opened his ‘State of the Global Credit Union Movement’ address Monday morning at the World Credit Union Conference in Calgary with a charge of responsibility for attendees to create as many opportunities as possible for members throughout the world.
He touted the successes of WOCCU in the last year, including a record US$35 million in funding from various and new sources for international development, 22 active international partnerships between developed and emerging credit union systems, surpassing the US$1.5 billion in international remittance distribution and the positioning of credit unions as experts in combating poverty on a sustainable level.

Through a live video feed, Crear welcomed 18 staff members and credit union representatives from northern Afghanistan into a hall of 2,000 attendees. Edgar Comeros, WOCCU-Afghanistan Deputy Project Dir ector, led the discussion from Calgary. The enthusiastic group in Afghanistan shared with the crowd their experience and the challenges they face in credit union development in a conflict-ridden country.
“We’re trying to teach people to help themselves. That’s what credit unions are about,” said Randy Spears, WOCCU-Afghanistan Project Director, alongside his staff in Afghanistan. “With the help of my Afghan friends, we can make this happen.”
Stephen Lewis, former U.N. Special Envoy for HIV/AIDS in Africa, challenged and inspired the crowd with his keynote presentation, “Time to Deliver—Winning the Battle Against Poverty.”
Lewis’ passion for the topic reverberated throughout the packed hall. In the reality of despair and hopelessness he has witnessed throughout the world, Lewis expressed little hope that nations themselves could overcome the widespread and unacceptable grips of poverty. He did, however, put great hope in the global credit union movement’s ability to mobilize individuals and communities to improve the human condition.
“Whether in Kenya, Malawi, Ecuador, Afghanistan, Colombia—all over the world—the credit union movement is beginning to recognize its—by no means simple—provision of services that transforms human life and helps people function in a society often under siege,” Lewis said. “What World Council has the capacity to do is to intervene in this world where others haven’t. You have a network which transcends all networks of the world.”
Lewis also praised the initiative and innovation of WOCCU’s International Partnerships program, which held a breakfast and informational session Monday.
Twenty-three countries were represented at the morning session, which gave representatives the opportunity to meet and discuss the objectives of their partnerships. During the breakfast, CEO Eleonora Zgonjanin Petrovic of FULM Savings House in Macedonia presented WOCCU and the Michigan Credit Union League (MCUL) a plaque of appreciation on behalf of credit unions in Macedonia for their support and help in strengthening credit unions in the country. The special plaque was made by a credit union member who has grown out of poverty with a microenterprise loan from his credit union.
Later, about 70 international partnership representatives attended a joint afternoon session with the Canadian Co-operative Association.

Read the full WOCCU news release http://www.woccu.org/press/press_rel/pressr.php?pressr_id=1387here.