The grow project in ukraine

Active Project Grant Awarded

Award ID
72012124FA00001
Recipient
Awarding agency
Obligated
$5,000,000

Award facts

Completion date 55% complete
Place of performance
Ukraine

Award details come from USAspending.gov.

About this award

The U.S. Agency for International Development (USAID) awarded a $5,000,000 Project Grant under the USAID Foreign Assistance for Programs Overseas (CFDA 98.001) program to the World Council of Credit Unions Inc. (WOCCU) for "The GROW Project in Ukraine". The grant, with a performance period from Jul 1, 2024 to Sep 30, 2028, aims to support the sustainable development of credit unions and financial cooperatives in Ukraine. As a non-profit organization and global trade association for credit unions, WOCCU leverages its expertise in international development, financial inclusion, and cooperative strengthening to empower people through access to affordable financial services. The GROW Project in Ukraine aligns with USAID's initiatives to promote economic growth, financial stability, and poverty reduction in developing countries.

Subawards

Subrecipient Amount Awarded
Ukrainska Ob\'Ednana Kredytna Spilka, KS Conditional grant agreement issued for the provision of additional liquidity to be used to support the expansion of access to finance for underserved micro,… $1,125,000

Quick answers

Who received award 72012124FA00001?

72012124FA00001 was awarded to World Council Of Credit Unions Inc. by US Mission in Ukraine (Overseas Missions) on July 1, 2024.

How much is award 72012124FA00001 worth?

$5,000,000 has been obligated on 72012124FA00001.

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