Beyond relief: Why Project Storm Break matters

first_img180,000 homes. 30,000 buildings. 150,000 lives. Tuesday, January 12, 2010 will forever be a day Haitians remember with a sense of sorrow. Members throughout Haiti’s credit union movement were hurting. Their lives were turned upside down by a 7.0 magnitude earthquake that had just rocked the nation, disrupting daily life for many—not just in the days, weeks, and months ahead—but for more than a year afterward. Food, water, shelter and medical supplies were essential to survive. Access to financial resources were essential to getting family and friends a lifeline of cash to get them through the storm.The World Council of Credit Unions galvanized its global cooperative network in putting out the call to acquire and distribute crucial supplies, financial resources, and communication tools to reach their members and colleagues with this vital support to rebuild. Providing life-saving support to members is the primary goal, but the long-term results transformed Haiti’s credit union system forever. Increased member loyalty to credit unions as financial providers, membership gains across the sector, and the creation of Haiti HOME—a WOCCU/USAID project—that has fueled the creation of a larger market for housing finance and infrastructure where builders, financiers and members all win.Fast forward to 2017, when Hurricane Maria damaged the island of Dominica, disrupting 90% of its GDP, damaging credit union branches and the headquarters of the Dominican Cooperative Societies League Ltd. (DCSLL)—forcing its leaders to look at other strategies to get its cooperative system back on its feet, while serving its members more efficiently for the long term. A key outcome was a multi-year partnership between DCSLL and the Indiana Credit Union League to share best practices, strategic initiatives and provide technical cooperation. Would a partnership such as this have been created without initial disaster relief aid? Project Storm Break (PSB), a new initiative launched by the Worldwide Foundation for Credit Unions, seeks to address a logistical glitch in providing relief aid: the process of putting out the call for support on a global scale versus responding immediately with resources during the critical period of life or death for our members. Year one of PSB was a tremendous success, as we were able to raise over $100,000 for the Foundation’s general disaster relief fund to serve this specific purpose. DCSLL General Manager Phoenix Belfield, speaking at the Foundation’s Champion Celebration at the 2019 World Credit Union Conference, described the care and impact of contributions to Dominica from personal experience:“Because of your resolve, I stand here today, assured that someone from our movement is out there—someone to lend help and support. Excitement permeated my veins at the thought of our movement being concerned about our tiny island. That made me forget that I hadn’t had a warm meal in 72 hours or a cold drink in five days. Donations have been spent to provide immediate member relief, support long-term physical reconstruction of credit union branches and provided a financial ripple effect, as local funds were redirected to provide waivers of loan repayment of up to four months for our needy members.”Credit union disaster relief aid will always be about supporting the survival needs of staff and members in the days and weeks after a disaster. But there is also an opportunity for long-term growth. Providing immediate resources to credit unions is a vital first step, but this period of disruption also offers an opportunity for strategic cooperative collaboration among credit union peers.  Every dollar matters. Project Storm Break will be active, open and relevant as natural disasters continue to strike and disrupt credit unions, and the lives of their members. Beyond initial aid, as Haiti and Dominica have proven, opportunities arise to take a step back and strategically pivot in deploying strategies that make credit unions systems—and their collaborative partnerships—stronger and more sustainable. 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Mike Reuter Mike Reuter is the Executive Director of the Worldwide Foundation for Credit Unions, the 501c3 charitable nonprofit that supports the World Council of Credit Unions in its mission of providing … Web: Detailslast_img read more

Manchester United star Alexis Sanchez fires Champions League warning to PSG

first_img Metro Sport ReporterSunday 10 Feb 2019 6:45 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.2kShares Manchester United star Alexis Sanchez fires Champions League warning to PSG The Red Devils are flying in the Premier League (Picture: Getty)‘I think we can do that and I see this United team with a lot of chances to score in Paris.’Sanchez has never won the Champions League, having joined Barcelona in 2011, the year after they lifted the title.But the Chilean, who joined Manchester United from Arsenal last January, hopes to experience European glory at the Theatre of Dreams.‘The Champions League is a dream for any footballer,’ he added.‘I lived with that dream at Barcelona and saw what it was like. I hope I can win it one day and why not here?’More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira moves Alexis Sanchez wants to win the Champions League with Manchester United (Picture: Getty)Alexis Sanchez has warned PSG that Manchester United are ‘capable of beating any rival’ ahead of the much-anticipated Champions League clash.French champions PSG will travel to Old Trafford on Tuesday evening for the first leg of the last-16 tie.United scraped through the Champions League group stage under former manager Jose Mourinho, but are unbeaten under caretaker boss Ole Gunnar Solskjaer.The Red Devils proved too strong for Fulham on Sunday to move above Chelsea and into the top four of the Premier League.ADVERTISEMENTMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CitySanchez says PSG will provide a ‘big test’ but is confident United will progress, especially if they win the home leg without conceding.AdvertisementAdvertisement‘We have got through the group stage and PSG is next,’ Sanchez told the Sunday Mirror. ‘It’s a big test but it’s 180 minutes of football – anything can happen.‘United is a club with so much history and is capable of beating any rival.‘If we win at Old Trafford and we don’t concede, then I think we would be favourites for the second leg. Comment Advertisement Advertisementlast_img read more

Mourinho admits to Costa gamble

first_imgChelsea manager Jose Mourinho has admitted he is taking a risk in selecting Diego Costa for Sunday’s Premier League clash at Manchester City, but that the Blues cannot do without their star striker. “Let’s hope he comes in the right direction and becomes available to play every game.” After 13 years with Chelsea, Frank Lampard is now part of Manchester City’s squad, having joined on loan from New York City FC. Lampard has made just one appearance for City so far – he was hauled off at half-time at Arsenal – and may not feature against his former club. Mourinho does not believe Chelsea’s record goalscorer has burnt his bridges with west London by moving to City and will return in future. “I believe that nothing has been lost. His place in Chelsea’s history is untouchable,” Mourinho added. “I still believe that what this club proposed to him, which is to be back when he wants and to do what he wants. These were the words from Mr Abramovich (Roman Abramovich, the Chelsea owner). I think it’s not in any danger. “We thought he was going to play for New York. He decided to play for Man City. It was just an option, and he had that right to do that. “I cannot wish him good while he’s playing for a direct rival, especially when he’s playing against us, but he will always be one of my favourite ever players.” Chelsea, with a 100 per cent record, are already five points clear of City, who have not won in three matches, including the midweek loss at Bayern Munich. But Mourinho played down the significance of the contest on a title race which is only just beginning and which, he says, also features Arsenal, Liverpool and Manchester United. “We play against 19 other teams and for the title it’s not just City,” he added. “We are in September, we have a long run and we need to try to improve.” Mourinho has analysed last season’s matches at the Etihad Stadium, when Chelsea won, ending City’s 61-game run of scoring at home in the Premier League, before 12 days later falling to a 2-0 loss in the FA Cup. Mourinho continually spoke of City having the best squad in the Premier League last term, but he declined the opportunity to appraise them against his bolstered Chelsea this term. “I don’t want to compare,” he said. “I just want to say that I feel our squad is better than last season.” The Portuguese also insisted his relationship with City boss Manuel Pellegrini is good, despite some verbal barbs last term. “We don’t spend holidays together,” Mourinho said. “I respect the person and the manager. I will be on the bench. If he comes, at his house (stadium) and gives me his hand, I will be more than happy give him mine. “I don’t have a problem. Far from it, no problems.” His relationship with Abramovich also appears good, with the Russian billionaire seen in jubilant celebration during last week’s defend of Swansea. Mourinho said: “I work for him. I cannot call him or knock on his door and ask: ‘Mr Abramovich, are you happy?’ “But my feeling is, yes. My feeling, as every Chelsea fan – and he’s not just a fan, he’s the fan and he’s the owner – is happy.” Press Association Asked if Costa was so important to Chelsea that Mourinho had to pick him, the Blues boss said “yes” before answering in the affirmative when asked if it was a risk. “Diego is not in the best conditions, but he will start the game,” said Mourinho, who reported no other injury problems. “He plays this game, he cannot play against Bolton (in the Capital One Cup next Wednesday). It’s as simple as that. “I know clearly that we have to try to protect him until he gets completely fit.” Only rest will resolve the problem, but Mourinho, Costa and Chelsea’s medical staff have discussed the issue as they bid to find a solution during a challenging period of fixtures. The City trip is the first of four key domestic games in Champions League weeks for the Blues. The trip to Sporting Lisbon is followed by a home clash with Arsenal, Manchester United away follows the Maribor home tie and a date at Liverpool is immediately after the trip to Slovenia. “In this moment I don’t have this problem,” Mourinho said. Mourinho opted to select the Spain striker, who has scored seven times in four Premier League matches this term, only as a substitute in Wednesday night’s 1-1 draw with Schalke in Champions League Group G. The £32million summer signing from Atletico Madrid is not ready to play more than one game a week, according to Mourinho, after a hamstring problem recurred while on international duty earlier this month. last_img read more