Latest News World wide Foundation for Credit Unions Launches Turkish Cooperative Earthquake Relief Fund

World wide Foundation. MADISON, Wis.—The Worldwide Foundation for Credit Unions, in partnership with the World Council of Credit Unions, launched its Turkish Cooperative Earthquake Relief Fund Thursday to solicit donations in support of Turkey’s cooperative movement, which has suffered a massive devastation by two earthquakes on February 6.

A magnitude 7.8 earthquake early in the morning in Gaziantep was followed by a magnitude 7.5 earthquake hours later in Kahramanmaras. Tarimkredi (Turkish Agricultural Credit Cooperatives) has more than 150 cooperatives with 80,000 members in the 10 earthquake-affected provinces and estimates that at least half of these institutions have suffered some level of destruction.

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President and CEO of the World Council of Credit Unions, Elissa McCarter LaBorde, reached out to the leaders of Tarimkredi and the heads of other organizations in Turkey to assess the greatest needs and determine how the Relief Fund can be used. the best possible way and in the most immediate way. .

“As someone who led Turkey’s post-earthquake recovery programs early in my career, my heart goes out to the many communities that have been hit by this tragedy. The World Council and our World Foundation have helped financial cooperatives in the aftermath of natural disasters for decades. We are proud to play a role in helping to mobilize the generosity of the global credit union movement to support those in need,” said McCarter LaBorde.

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