Dublin, 30th April 2015 – Credit unions across Ireland, in partnership with the Irish League of Credit Unions International Development Foundation (The Foundation), which is the charitable arm of the Irish credit union movement, have pledged up to €50,000 to help those affected by the disastrous earthquake in Nepal.
A major element of the fund, administered by the ‘Foundation’ in conjunction with other international credit union bodies, will go towards supporting the revitalization of Nepalese credit unions which were destroyed, and to support staff and members affected by one of the worst natural disasters in recent times. The fund, which is backed by credit unions and their members’ from across the island of Ireland, will ensure that members can begin to rebuild their homes, lives and support for their families.
Recent reports suggest that at least 5,500 people have died, over 10,000 people injured and 2.8 million people have been displaced from their homes. The earthquake has affected the whole country and millions of people are in need of immediate food assistance. Recovery efforts will take time and there has been a huge response from credit union movements across the globe. It was the most powerful disaster to strike Nepal since the 1934 Nepal–Bihar earthquake and the country is at continued risk of landslides as well.
Alan Moore, General Manager of the Foundation said: “We have been in close contact with our colleagues in the Nepal and we’re aware of the extensive damaged and despair the earthquake has caused. I would like to take this opportunity to thank our partner credit unions across the island of Ireland who have shown immense generosity and support. We are looking towards coordinating our funding and activities with other aid agencies to maximize our assistance for the people of Nepal.”