Madina Sancha VISACA holds AGM, authorities told villagers to do more deposits

AGM delegates

Madina Sancha Village Savings and Credit Association (VISACA) in Medina Sancha village, Kiang West, in the Lower River Region recently held its Annual General Meeting (AGM) at the region.

The AGM brought together dignitaries from the Global Youth Innovation Network Gambia chapter (GYIN Gambia chapter), the Central Bank of the Gambia (CBG), VISACA Apex as well as the villagers and the satellite villages.

Rural Finance Project (RFP) of International Fund for Agricultural Development (IFAD) and Government of the Gambia (GOTG) foster self-sustaining rural Micro Finance Institutions (MFIs) such as VISACAs

International Day of Family Remittances to be observed for the first time

A lifeline for 750 million people around the world, remittances offer opportunity for development

Milan, 16 June 2015: More than 400 policymakers, private-sector stakeholders and civil-society representatives observed the first International Day of Family Remittances today at the opening of the fifth Global Forum on Remittances and Development in Milan.

In launching the international day and the forum, keynote speakers emphasized the importance of remittances for families and developing countries and called for global recognition of their impact on development. 

“Today we honour migrant workers, their families and their stories of hope, separation and sacrifice,” said Kanayo F. Nwanze, President of the United Nations International Fund for Agricultural Development (IFAD)." We also recognise their vital contribution to their families at home and to the development of their nations."