From the American People
This project helps to deliver financial services in rural and insecure areas by building self-sustaining and permanent Afghan-owned and governed financial cooperatives. USAID is supporting WOCCU to establish a network of credit unions that are sharia-compliant (known in Afghanistan as Islamic investment and finance cooperatives), and whose management and financing products have been adapted to the culturally and religiously conservative rural areas of Afghanistan.
Fact Sheet RUFCOD June 2011
2 February 2011 | Helmand Province, Afghanistan
USAID/WOCCU “The money that I received has been more than enough to help me and my family.” Malika is a 49-year old...
8 February 2010 | Laghman Province, Afghanistan
Over the past 18 months, Sayed Mohammad, a fruit merchant from Gomen village in Laghman province, has transformed his business from a small, one-man fruit...
15 June 2010 | Jawzjan Province, Afghanistan
On April 25, the Jawzjan-based Aqcha Islamic Investment and Finance Cooperative (AIIFC) celebrated its third anniversary at its annual general assembly meeting. Since its launch...
31 January 2010 | Kandahar, Afghanistan
The Kandahar Islamic Investment and Finance Cooperative (KIIFC) is helping area farmers have a successful winter planting season by providing a wide range of Sharia-compliant...
Last updated9 Feb 2012
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