The League began in 1962 as the ‘Credit Union Education Council’ as a basis for unifying existing credit unions, fostering the organization of new societies and defining a common vision and purpose for the Movement. The Council was duly registered on July 3, 1964 as the St. Vincent and the Grenadines Co-operative Credit Union League Ltd.
The League is governed by the Cooperative Societies Act, No. 12 of 2012 and its By-Laws. In accordance with Article II, Section 4(1) of its revised By-Laws, the League changed its name to the “St. Vincent and the Grenadines Co-operative League Ltd”. The revised name reflects the scope of the League’s mandate to develop and promote all types of co-operatives, and expand the co-operative sector in St. Vincent and the Grenadines.
The League’s thrust as an apex body since inception has been to co-ordinate, monitor and promote activities for the development, growth, expansion and integration of Co-operative Societies in St. Vincent and the Grenadines and perform representational and other functions as may be determined by its members, including:
- assisting with the formation and readiness for registration of viable cooperative societies;
- initiating and encouraging capacity development activities beneficial to cooperative societies;
- stimulating community awareness of and public confidence in the Cooperative Sector;
- representing and advocating the interests of the Co-operative Sector.