Contact Address:
NACCUG
Banjul Head Office
Kanifing, Ksmd
Bertil Harding Highway
(Near Bakau Stadium)
PO Box 35, Banjul
The Gambia, West Africa
Tel no: +220 4497028 4497026,
9968850
Fax: 4497026
Email: naccug@gamtel
naccug@yahoo.co.uk
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Information:
National Association of Cooperative Credit Unions
in Gambia (NACCUG) was established in Banjul in 1991
to act as the national trade association representing
approximately 70 affiliated microfinancing member credit
unions in the country. It is fully registered and licensed
by the Central Bank.
The co-op acts as a lobbying group, an umbrella organisation
and provides essential training, marketing services
and is the core finance facility for its urban and rural
village membership.
Aims & Objectives of NACCUG: • To enhance
the long-term viability of NACCU through self-sufficient
strategies;
• To fight poverty in The Gambia through capacity
building; • To formulate and offer the
best financial services to the members at fair cost;
• To preserve the reputation of NACCUG as
the standard financial co-operative; •
To advance and assist the development of viable credit
unions through sound and market based business strategies
in order to compete with other microfinance
institutions. • To promote Micro
Finance and Micro Enterprise Development Programmes
via savings and loans schemes.
Activities: • Promote and facilitate savings
recruitment for Credit Unions; • Oversee
the activities of Credit Unions in The Gambia;
• Assist the registration of CUs by the Registrar
of Co-operatives; • Inform grassroots
communities about the ethos Credit Unions;
• Check the financial & management performance
of the institutions; • Facilitate the
conduct of CU's AGMs; • Distribute policy
issues; • Provide members with general
education meetings; • Develop and review
regulating bye-laws; • Operate the Central
Finance Facility (CFF) • Provide loans
& enterprise management training;
• Carry out yearly audit exercises for selected
credit unions; • Provide bookkeeping
training & financial management courses;
• Provide training for board of directors &
committees.
National & International Partners: • Irish
League of Credit Union Foundation (ILCUF);
• Social Development Fund (SDF); •
Department of State for Fisheries; •
Department of State for Agriculture (Regulation &
Rural Finance Project); • Gambia Government;
• Christian Children Fund (CCF);
• Concern Universal (Senegal & Gambia).
In July 2011 NACCUG
became an affiliated member of the World Council of
Credit Unions (WOCCU), the global trade association
and development agency. It is also a member on the board
of directors of Gamfinet. |