Cufa is committed to ending poverty across the Asia-Pacific. We help communities build better lives for themselves through grassroots programs that focus on education, empowerment, entrepreneurship and financial institutions.
Over 90% of contributions to Cufa go directly into local communities where they are used to build financial institutions like credit unions, giving the most disadvantaged people a safe and affordable place to save their money. Credit union staff and members are then taught vital financial literacy skills, equipping them with the tools to save and handle their finances. Loans and savings groups are also made available at credit unions so that people can start their own small business, with Cufa project officers teaching the crucial business skills for these businesses to become successful.
Imparting these skills, knowledge and financial access provides people with a hand up, not a handout, a livelihood that can be passed on to future generations to break the poverty cycle.
Why Support Cufa?
At Cufa, we believe in long-term solutions that address the root causes of poverty. That is why we facilitate a hands-on, grassroots approach to support economically-disadvantaged communities.
With the generous donations from our community of changemakers, we’ve been able to generate social value worth $30.4 million in communities across Cambodia, Myanmar, Timor-Leste and Papua New Guinea in under 2 years - all with a simple investment of $2.4 million.
We believe that the only way we can help vulnerable communities escape generations of poverty and injustice is by helping them form sustainable, local livelihoods.
- Delivering financial education and business skills programmes
- Educating communities on how to better manage their money
- Facilitating access to local financial services for small businesses
- Helping locals set up businesses that support the micro-economy
Cufa began in 1971 when a group of Australian credit unions came together to make a difference and promote credit unions in Australia and in the Asia-Pacific region. In only 50 years, Cufa has worked in 27 countries, working with communities to assist in the growth of grassroot financial institutions and initiatives. We have worked with Children to ensure that they get a head start with our Children’s Financial Literacy Program, worked to establish the now independent Ocean Confederation of Credit Union Leagues and much more. Over 2021, we would like to share with you our 50-year journey, through our social media platforms, and monthly newsletter.