The Credit Union Development Project is focused on developing local village banks, providing poor and rural communities with access to safe, fair and reliable banking facilities.
Cufa initially began the project in 2011 in Cambodia before rolling out the project in Timor Leste, then in Myanmar.
In all 3 countries the project reaches communities which previously had no other village banks or access to financial institutions that could serve the needs of the poor or disadvantaged.
In Myanmar, staff have been trained to encourage women to join their local village bank and participate in all training sessions provided by CUFA. Women are encouraged to voice opinions in meetings and training sessions, and three of the financial self-help groups are solely focused on women.