In the words of the founder of the movement, F. W. Raiffeisen, “credit unions must not confine itself to granting loans. The main objective should be to control the use of money, and improve the moral and physical values of people and their will to act by themselves”.
It is therefore important that we view credit unions not only as institutions where we can borrow money rather credit unions should be seen as vehicles for (members) to improve their livelihoods through;   financial self-reliance;    financial discipline – save first before spending;    borrowings for opportunities.