07au-5052 - Strengthening the Credit Union movement in Lao PDR
ACCU would like to to contribute to the development of a sustainable market-oriented rural financial system in Lao PDR to contribute to poverty reduction. Therefore the purpose of this project is to support the establishment of a credit union support institute to enable the development and replication of a sustainable micro savings and credit portfolio to service poor and rural low income groups. The specific objectives are: 1. Establish a Credit Union Support Institute 2. Development of technical resources for credit unions 3. Consolidation of existing VSCG’s 4. Improved capacity of Savings and Credit Unions 5. Strengthen BoL SCU monitoring capacity The expected results of this project are: Result 1: Credit Union Support Institute established Result 2: Development of technical resources for credit unions Result 3: Consolidation of existing village savings and credit groups Result 4: Improved capacity of Vientiane Savings and Credit Union Result 5: Strengthen Bank of Lao PDR SCU monitoring capacity Result 6: Elaboration of an enabling environment for cooperatives (in collaboration with ICA)