Invest Women’s Mentorship - Canada

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Invest Women’s Mentorship Canada

Project Details

  • Term: Annual (since 2002)
  • Direct Beneficiaries: 239 woman credit union managers
  • # of Credit Unions represented: 200+
  • # of Countries represented: 21
  • Financial Partners: Government of Canada

Since taking part in CDF Canada’s Women’s Mentorship Program, Obenewaa Yeboah has improved practices at the small credit union she manages in Kumasi, Ghana. She told us, “With my Credit Union (Ramseyer), our challenge was dealing with loan delinquency and dormant accounts. As at the time of participating in the program, we had a delinquency which was above the standard rate of 5% set up by the mother society CUA. This rate has reduced tremendously to 1.96% as at July 2017. This great achievement by Ramseyer Credit Union was because we practiced what I learnt during the program”.

CDF Canada’s Women's Mentorship Program is an annual training program that provides women credit union managers of overseas financial co-operatives with a unique opportunity for professional development. It is also a mutual learning opportunity for Canadians and international co-operators. Program participants are matched up with a credit union in Canada for 10 days and become immersed in the credit union and community. They receive general leadership training and learn the ins and outs of day-to-day operations. Canadian credit union managers volunteer their time, training materials, transportation and accommodation for the overseas participants.

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Your support means that more women like Obenewaa can gain the confidence to take on more roles and change more lives in their local communities.

Since 2002, the annual CDF Canada’s Women’s Mentorship Program has enabled 239 women credit union managers from 21 countries to receive this unique professional development experience in over 200 credit unions across Canada. Host managers volunteer their time, training materials, transportation and accommodation for the overseas participants.

Another WMP alumna told us, "I developed my leadership, communication, negotiation and networking skills. Delinquency in my savings and credit co-operative declined from 16% to 6% in less than one year using the techniques we learned in Canada.”

Your support means that more women like Obenewaa can gain the confidence to take on more roles and change more lives in their local communities.

Read the speech that Heidi Miller, long-time WMP host and mentor, gave on behalf of Canadian host credit unions at the 2018 Women's Mentorship Program Closing Ceremony.

 

Program undertaken with the financial support of the Government of Canada provided through Global Affairs Canada.

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