By Joel Vogt.
The Guyana Public Service Co-operative Credit Union is celebrating its 59th anniversary. To mark the occasion, it has launched two new loan products for homeowners and single parents who are members of the institution.
The credit union has been a critical player in Guyana’s financial landscape for almost six decades, providing financial services to public sector workers and their families. The launch of the new loan products is aimed at helping members who are homeowners and single parents to access affordable and flexible financing.
The new loan products were unveiled at a ceremony attended by members of the credit union and representatives from the government and private sector. The launch allowed the credit union to showcase its commitment to supporting its members and promoting financial inclusion in Guyana.
The first of the new loan products are designed to help homeowners who need financing for home repairs or improvements. The loan product offers competitive interest rates and flexible repayment terms, making it an attractive option for homeowners looking to improve their homes.
The second loan product is targeted at single parents who are members of the credit union. The loan product is designed to help single parents who need financial assistance to meet the needs of their families. The loan product offers affordable interest rates and flexible repayment terms, making it an ideal option for single parents looking for a reliable source of financing.
The launch of these new loan products is a testament to the credit union’s commitment to its members and the development of Guyana’s financial sector. As a result, the credit union is well-positioned to continue to provide affordable and accessible financial services to its members, helping to promote financial inclusion and economic growth in the country.