ACCOSCA-II

ES comments on interim external evaluation (XD-AAY-451-A) of a project to strengthen the African Confederation of Cooperative Savings and Credit Associations (ACCOSCA), a pan-African serviceorganization for savings and credit cooperatives. The evaluation covered the period FY85 through 2/87. The evaluation made several technical evaluations, most of which have been endorsed by A.I.D. However, certain evaluation findings have a strong bearing on whether A.I.D. should continue its 17-year history of unbroken support for ACCOSCA through its parent organization, the World Council of Credit Unions (WOCCU). The evaluation found that financial self-sufficiency is probably not attainable for a long time, and that an increase in revenue generation would be a more appropriate objective for the foreseeable future. ACCOSCA's national affiliates pay dues at only one-third of the agreed-upon levels, and significantly increased income for ACCOSCA cannot be expected during the life of the project. While A.I.D./AFR/TR recognizes the realism behind the evaluation finding, it believes that financial viability is central to ACCOSCA's mandate and that ACCOSCA's management has the responsibility to c

Source: DEC abstract, PD-AAY-451 (1988). The source's own text.