Through its Proyecto de Asistencia T?cnica al Microfinanciamiento Rural (PATMIR) project, World Council of Credit Unions is using technology to expand credit union services in Mexico.
One participating credit union, Caja Yanga, is experiencing a 15% monthly growth rate thanks to the installation of high-powered computer servers and the use of handheld transaction devices like PDAs.
In anticipation of the launch of Caja Yanga's first ATMs last month, the credit union installed a new information technology infrastructure and moved its principal data center. In addition to bringing the credit union into compliance with federal regulations, the move drastically improved data transfer efficiency, providing the capacity to support projected growth.
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