Credit Union Managers end conference on youth participation in Credit Unions

A two-day Credit Union managers’ conference on youth participation in Credit Union on Saturday ended at the Region one office in Kanifing.

The conference, organised by the National Association of Cooperative Credit Union of the Gambia, brought together managers of credit unions, and was funded by Youth Empowerment Project.

Speaking at the conference, Baboucarr Jeng, General Manager of the National Association of Cooperative Credit Union of The Gambia, said the conference was the first of its kind, adding that the conference would aid the credit unions to support each other.

Mr Jeng applauded Youth Empowerment Project, Ministry of Trade Industry and Youth and Sports for bankrolling the conference.

John Frankie Mendy, chairman of National Association of Cooperative Credit Union of The Gambia, supported that the conference was funded by Youth Empowerment Project.

For his part, Raimunda Moser, Project Manager of Youth Empowerment Project-The Gambia, said the objectives of the project are to building the new Gambia by creating employment and income generating opportunities for women and youths.

 It was also to enhance the economic empowerment and independence of young people by mobilising and organising them to participate in Credit Union activities amongst others, Moser pointed out.

Mr Moser stated that the conference forms part of the activities to be implemented under the above project and seeks to bring together Credit Union managers to brainstorm on innovative products and services that are attractive to the young and encourage youth participation in Credit Unions.

In a related development, The National Association of Cooperative Credit Unions of The Gambia and the Youth Empowerment Project (YEP), under the Ministry of Trade, Regional Integration and Employment recently signed a Memorandum of Understanding for the implementation of key activities to enhance youth participation in Credit Union.