Bolivia project 511-0049 · 1969–1980

GRANT TO THE FEDERACION NACIONAL DE COOPERATIVAS DE BOLIVIA, COCHABAMBA (FNCACB), BOLIVIAN AFFILIATE OF CUNA INTERNATIONAL, PROVIDES BUDGETARY SUPPORT FOR FNCACB'S RURAL CREDIT UNION DEVELOPMENT ACTIVITIES. THE GRANT WILL FUND THE SALARIES OF SOME FNCACB PERSONNEL (EG, EXEXUTIVE DIRECTOR, TRAINING DIRECTOR, EXTENSION AGENTS); SUPPORT TRAINING PROGRAMS FOR OFFICERS AND MANAGERS OF FNCACB-MEMBER CREDIT UNIONS; AND PROVIDE ADDITIONAL SEED LOAN CAPITAL TO BE MADE AVAILABLE TO CREDIT UNION MEMBERS. THE ABOVEMENTIONED TRAINING PROGRAMS INCLUDE: 1.AT THE NATIONAL LEVEL, EIGHT COURSES OF ONE-MONTH DURATION FOR APPROX 120 OFFICERS AND MANAGERS OF CREDIT UNIONS; 2. AT THE REGIONAL LEVEL, 10 TWO-WEEK TRAINING COURSES FOR APPROX 200 ELECTED LOCAL LEADERS; 3. AT THE LOCAL LEVEL, 100 EVENING COURSES OF 20 HRS DURATION FOR APPROX 2000 BOARD AND COMMITTEE MEMBERS. THE LOAN CAPITAL CHANNELED TO CREDIT UNIONS BY THE FNCACB WILL BE USED FOR SHORT-TERM, LOW-INTEREST LOANS TO LOW-INCOME FAMILIES AND SMALL BUSINESSES. SUCH LOANS WILL BE MADE FOR HOME IMPROVEMENT, MEDICAL SERVICES, WORKING CAPTAL, PRODUCTION MACHINERY, ETC.

Source: DEC abstract, XD-AAA-048-A (1969). The source's own text.