CAN has delivered development services to Credit Unions since 1989, as it has to all types of co-operative enterprise. We have staff who have considerable experience of working with and for Credit Unions and have reached the stage where we have sufficient expertise and experience to be able to declare ourselves to be a Credit Union Development Body (CUDB).
We can set up the following systems for CUs:
- Local housing allowance system
- Universal credit
- Jam jar accounts
- Financial projections template including cash flow forecast, share and loan balances, loan schedules, trial balance, profit and loss and balance sheets
- Credit & Credit Control (corporate and personal) (online lending tools) (prioritise corporate) (how to assess loan applications)
- Social Impact Measurement
- Set up a consortium of CUs as a vehicle for the special purpose of business lending
- Set up a consortium of CUs to deliver services to its members such as marketing, resource provision and credit control
We can train CU staff in the following:
- Credit Union Directors Responsibilities workshop
- Training CUs to be lenders to co-operatives, social enterprises, voluntary sector organisations and other businesses
- Train staff in assessing business loans
We can provide the following advice and consultancy:
- Business Strategy development
- Organisational Review
- Efficiency assessment
- Governance and finance assessment
- Help CUs provide seed corn loans to co-operatives
- Help CUs run community share issues
- Help CUs work with banks to provide cash flow lending
- Help CUs provide match funding with other funding providers
- Help CUs provide small scale finance to start ups
- Social Impact Assessment
We have the following experience in house:
Training delivered
- Study Group training
- Directors training
- Productive Loan Book training
- Induction training
- Officer training
- Merger training
- Co-operative Certificate of Business Administration – Credit Unions accredited course
Consultancy delivered
- Business Plan development
- Financial forecasting
- Social Impact Measurement
- Strategic Analysis
- HR planning
Work experience
- Credit Committee membership
- Supervising Committee membership
- Management Committee membership
- Chair
- President
Other
- Legal registration and governance advice (consortium of CUs)
