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January 6, 2010 

WOCCU Expands Technology Presence in Kenya

Project focuses on Data Service Bureau and product development support

MADISON, Wis.--The Bill & Melinda Gates Foundation has provided US$2.1 million in funding to World Council of Credit Unions (WOCCU) to help establish and test new financial data processing and product development capabilities for savings and credit cooperatives (SACCOs), or credit unions, in Kenya.

To read the full press release, visit the World Council of Credit Unions web site.

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Bill & Melinda Gates Foundation
Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people—especially those with the fewest resources—have access to the opportunities they need to succeed in school and life. Based in Seattle, Washington, the foundation is led by CEO Jeff Raikes and Co-chair William H. Gates Sr., under the direction of Bill and Melinda Gates and Warren Buffett.
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