If You Save You Must Borrow, Teachers' Credit Union Manager Says

The Gambia Teachers' Union Cooperative Credit Union, GTUCCU, the is largest and arguably the most vibrant credit union in the country. It has transformed the lives of teachers and greatly raised their dignity (Photo Credit: Access Gambia)

Silence and gossip under the corridors of the GTUCCU

Silence will break if the gossip goes on within the corridors of the Gambia Teachers Union Credit Cooperative Credit Union (GTUCCU). 

No stress can shadow the idea of elevating the financial status of the teachers in the country but the managerial system of their shared institution can be questionable, writes Ebrima Bah.

 

Credit Unions: ‘The sharpest cutting edge against poverty’

At a time when the global target of ending poverty is running out, earnings dropping or stagnating and prices of basic commodities on a free rise, the Gambia Teachers Union (GTU) believes that Credit Unions are the most progressive tool to fight poverty.

During its 14^th General Assembly held at St. Therese’s Upper Basic School, Kanifing Municipality, on April 23, 2011, the Gambia Teachers Union Co-operative Credit Union (GTUCCU) adopted the theme “Credit Unions: the sharpest cutting edge against poverty”.

According to the Board Chairman of GTUCCU, Edrissa Bojang, fifteen years of challenging circumstances strengthened their desire and determination to tackle head-on the menace of poverty.