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Kenyan credit unions visit Britain


19 Oct 16

A delegation from the Kenyan credit union movement has visited Manchester to share learning with their British counterparts.

The delegation, which included representatives from the Kenyan national trade body KUSSCO and the country’s largest credit unions, spent six days in Manchester visiting some of the North West’s credit unions.

During their trip, the delegation spent time at Stockport Credit Union, Hoot Credit Union, Voyager Alliance Credit Union, South Manchester Credit Union and Metro Moneywise Credit Union, as well as a visit to the ABCUL office in Manchester.

The international guests heard presentations on the history and development of the credit unions they visited, and discussed the similarities and shared experiences of credit unions around the world. They enjoyed the hospitality of all their hosts, and special mention must be given to Martin Logan from Voyager Alliance Credit Union who acted as their guide, showing them the delights of Manchester and the Co-operative Pioneers Museum in Rochdale.

Kenya has the largest credit union movement in Africa and the sixth largest in the world. There are 5,769 credit unions (known as SACCOs – savings and credit co-operatives) serving more than 5.4 million members, which is more than one fifth of the population. The Kenyan credit union movement’s assets are worth more than £4.3 billion.

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