Credit unions are increasingly recognized as an important element in micro finance. They are the most widespread type of savings and loan co-operatives. Credit unions are owned and operated on a not-for-profit basis by their members, according to democratic principles. Membership in credit unions is voluntary and open to all within an accepted common bond. Success in the field of micro finance is a matter of outreach and sustainability. But the questions remain: are credit unions successful micro finance institutions?; do they reach large numbers of the poor?; do they operate efficiently and e.