The La Inmaculada Credit Union Limited is a shareholder-based, community-oriented financial institution constantly exploring alternative investments and projects to assist our community at large.

We are aware that our youths are the lifeline of our future and any investment made in them is a worthwhile one that will have a positive effect on their life, their parents, and our community.

For the past years, LICU has been offering a scholarship to deserving students who are about to enter secondary education but now offering for Terciary Education. If you are interested in taking advantage of this opportunity, we invite suitable individuals who meet the following requirements to apply.

Applicants must:

• Be accepted by a  sixth form or Terciary Institution in Belize
• Be in financial need
• Be a member or parent/s must be a member
• Applicant and Related Parties must be in good standing
• Be a first-time scholarship recipient
• High School academic records 
• Present a conduct record from teachers/principal
• Must maintain a 3.00 G.P.A

LICU Scholarship Recipient

The philosophy of La Inmaculada Credit Union Limited is to positively influence and contribute to the lives of our general membership. We are aware that the youths are the hope of the future and they are the ones who will have the arduous task of moving our nation forward in the years to come. Education plays an important role in our development as individuals and our nation as a growing one. It is with this in mind that we started our scholarship program for our young members in 2004 in which Yesenia Monterroso was awarded the first scholarship for 2004-2008. The scholarship covers the yearly school fees for students at a secondary high school in the town of their choice.

The scholarship requires that the students maintain a G.P.A. of at least 3.0 because we believe that there is potential in all of our students and we must demand excellence from them to motivate them to be at their very best always.

LICU encourages the recipients not only to excel in their academic performance but also to participate in extracurricular activities that will enable them to become well-rounded individuals who can make informed decisions. Participation in non-academic activities enhances good communication skills and it opens their minds to the views and opinions of others so that they can appreciate life from another perspective.

We look forward to continuing this program so that we may be of assistance to our young members in their pursuit of knowledge. Two important requirements needed to win this scholarship are to do well in school and have a good recommendation from the school and teacher. Future applicants, make sure that their grades are excellent and their behavior is commendable.

LICU feels privileged in assisting our youth to obtain a sound educational foundation that will enable them to be an asset to their families and their communities. We look forward to having all our scholarship recipients graduate with honors  and we encourage all our Standard Six students and High School graduates to put nothing but their very best efforts into everything that they do to give them that edge that could make them our next scholarship recipient.

The best way to prepare for tomorrow is to start today.

LICU Membership Scheme – There for you during difficult Times!

No one ever prepares enough for the loss of a loved one much less save for the expenses that come along with it. It is the most difficult time in your family’s life, which is why at LICU, we take care of you by covering these unexpected expenses, with no added cost to the already bereaved family.

Membership Scheme: Maximum benefit $4,000.00

Minimum Shares $100.00

Membership Coverage: 49 years or < 100% ($4,000.00)

50 years – 65 years – 50% (2,000.00)

Contribution:
$2.00 monthly per member

The contribution will be deducted monthly from your shares

Dividends on Shares and Loan Rebates are recommended by the LICU Board at our Annual General Meeting and posted in our website, www.licu.org, and AGM Booklet.

As has been established, members in good standing can withdraw their dividends and Loan Rebates within the next 60 days of announcement with a one-day notice to allow for efficient assistance.

In 2022, the LICU Board recommended that a 5% dividend in the first $10,000.00 in shares and 3% on any remaining balance be declared. The Board additionally approved an attractive 12.5% Loan Rebate Bonus to reward our responsible and faithful borrowers who are in good standing.