MADISON, Wis. (2/20/15)--The World Council of Credit Unions contributed $25,000 from its disaster relief fund to help rebuild Nsanje Community SACCO--one of the Malawi Union Savings and Credit Cooperatives (MUSCCO).
|Heavy rainfall in southeast Africa forced Nsanje Community SACCO to relocate from its head office in Malawi. (World Council of Credit Unions Photo)|
Fifteen districts in Malawi were declared disaster areas after January's record-breaking rainfall and floods displaced at least 174,000 people.
Nsanje Community SACCO has 5,000 members, 93% who are small-scale farmers with agriculture as their sole source of income, said Ethel Atupele Bvalani, MUSCCO risk management officer.
"The floods have washed away their crops, food and livestock. The year ahead looks to be tough and Nsanje SACCO will be challenged to bear the burden in the community," Bvalani said.
"The rains have just begun in Malawi and are expected to carry on through March," said Brian Branch, World Council president/CEO. "World Council's contribution will help Nsanje Community SACCO get back on their feet and serve their members during this time of need."
To support the international credit union disaster relief fund, visit woccu.org/give.