Cufa has been providing financial and technical support to the Oceanic Confederation of Credit Union Leagues (OCCUL) after helping establish it a decade ago.
OCCUL is a membership organisation with the goal of helping credit unions, village banks, and provides technical assistance via cooperatives across the Pacific so that they can better serve their communities.
In 2016-17, Cufa supported OCCUL in 3 core ways; assisted in building a mutual network of its members via email and regular phone calls; supported the secretariat to conduct visits and support credit unions across the Pacific, and by supported affected OCCUL members using funds raised from the Fijian Cyclone ‘ Cyclone Winston’ in February 2016.
Cufa is proud to announce that as of 1 July 2017, the Oceanic Confederation of Credit Union will became independent. Board representatives from Fiji, Papua New Guinea, Federated States of Micronesia, the Solomon Islands, New Zealand and Australia met to sign the Deed of Arrangement to transfer ownership and governance functions from Cufa to the OCCUL Advisory Board. The transition from establishment to independent governance is a major step forward for OCCUL, and we’re delighted to see the transition.
If you would like to find out more about the Congress, held in October 2017 in Nadi, please visit occul.org.