Credit Unions across Ireland mark Cultivate Week

Has seen record growth every year since being founded in 2017
Credit Unions across Ireland mark Cultivate Week

Minister of State Robert Troy TD, Joe Healy Chairperson of Collaborative Finance and Therese Conway, CEO of Collaborative Finance at the launch of National Cultivate Week.

Credit unions across the country are marking annual National Cultivate Week with a range of national and local events.

Running until Sunday, the event brings together credit unions and their members to celebrate Irish farmers and the role they play in local communities and the wider economy.

It offers opportunities to connect with farming families, highlight supports available through Cultivate loans, and showcase the strong relationship between credit unions and the agricultural community.

Cultivate is an initiative of a group of credit unions that provides short to medium-term loans built specifically for the growing needs of its farming members. It was launched in 2017 as an initiative of four Galway credit unions, and since then, it has seen record growth every year and is now available in 175 locations across the Republic of Ireland.

“National Cultivate Week is a celebration of Irish farmers and the communities that support them - and an opportunity to show how credit unions are stepping up to meet their needs," Therese Conway, CEO of Collaborative Finance, said.

"Cultivate loans are built around the realities of farm life: flexibility, speed, and a real personal service. The surge in demand for Cultivate loans since it launched in 2017 is proof that this approach works. We’re proud to have the support of Minister Robert Troy and we look forward to meeting farmers at events across the country during National Cultivate Week”.

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